Bitcoin’s 14% Weekly Increase Eyes the ATH: The Crypto Weekly Market Update
This week the cryptocurrency is up by another 14% and is currently trading just about 6% below its all-time high of around $20,000 reached in December 2017. The co-founder of Ethereum, Vitalik Buterin, said that the network’s transition to the long-awaited proof-of-stake consensus algorithm might not take place for yet another year.
The last time Bitcoin broke the $17K level, it only took it six days to reach its current all-time high value of nearly $20,000 in December 2017. This week we have a chart analysis of Bitcoin, Ethereum, Ripple, Litecoin, and Polkadot – click here for the full price analysis.