Bitcoin and Ethereum Take The Lead

Bitcoin has risen significantly in the recent period, reaching $37,000 in the last period of this year, as the recovery in cryptocurrencies increased, while global interest in Bitcoin and many currencies that have come to include various areas of life in these times increased, while companies’ adoption of some projects increased and with the acceptance of ETFs. , as Bitcoin and investments in it have become the mainstay for many investors and institutions.

On the other hand, Ethereum rose and reached $2000, as it achieved a better performance than Bitcoin, which rose by 6% in the last seven days, while Ethereum rose by about 11%. This shows us Ethereum’s better performance this week, while as for Bitcoin, we see in general that it achieved better profits relative to deposits made on platforms at these times increase significantly. Likewise, if we look at Dominance, we find that Bitcoin reached 51%, while Ethereum rose to 17.5%.

This good news comes to the market while Bitcoin and other cryptocurrencies are rising wonderfully these days. The greed and fear index has reached 78, which is also a good number, which makes us wait for more upcoming investments that may flow into the blockchain network.

These days, cryptocurrencies have become part of the global means of payment on most sites. A few days ago, I paid for a subscription to a sports site through cryptocurrencies, as I found it better and safer than putting the credit card number on the site, as well as in terms of time, so on the payment side. Cryptocurrencies have proven to be very effective, and also for many areas of gaming, especially card games, NFTs were the best.

Hence, we see that with the beginning of the year 2024 and with the approach of Halving, investments will increase and the adoption of cryptocurrencies will increase in various areas of life, and with many of the advertisements that we see daily on YouTube and Google, the number of users of cryptocurrencies is increasing day by day.

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