Sign in

Market Wrap: Bitcoin Tests $12K; Ethereum Fees Fall to 3-Month Low

www.coindesk.com

Bitcoin’s price passed $12,000 for the first time since September as Ethereum fees dipped. Bill Noble, cryptocurrency strategist for analysis firm Token Metrics, said momentum is shifting from Ethereum-based decentralized finance, or DeFi, to bitcoin.

Ethereum fees get cheap – for now The second-largest cryptocurrency by market capitalization, ether (ETH), was down Tuesday trading around $369 and slipping 2.6% in 24 hours as of 20:00 UTC (4:00 p.m. ET). “Gas fees are lower as the recent enthusiasm for DeFi tokens, decentralized exchanges and automated market makers has hit a wall for now,” Bonnefous told CoinDesk.

Read in Full: www.coindesk.com
Bitcoin ETH
$ 3549.14

Timeline of Ethereum, Ultracoin

Claim Your 100 USDT Reward
Earn a limited-time reward by registering and starting your crypto journey now! Claim Reward!
Bitcoin Bitcoin
70074.1000 -0.56%
Ethereum Ethereum
3536.76000 -0.96%
BNB BNB
617.018000 5.61%
Solana Solana
185.090000 0.38%
XRP XRP
0.62941200 1.54%