CandleFocus Altcoins Take Off Led by Ethereum – BitMEX Founder Arthur Hayes Makes Secret Altcoin Purchase
2024-11-10
Author: Content Editor
The article reports that Bitcoin has reached an all-time high price of over $80,000, leading to increased activity in Ethereum and other altcoins. Ethereum has experienced a 5% increase in the past 24 hours and a 29% increase over the last week. The total cryptocurrency market has also risen by 1.93%, with a market value of $2.65 trillion, of which $1.5 trillion is attributed to Bitcoin and $384 billion to Ethereum. BitMEX founder Arthur Hayes recently made a significant Ethereum transaction, purchasing $3.31 million worth of the cryptocurrency over-the-counter. Additionally, Cardano and Dogecoin have seen significant price increases, with Dogecoin being linked to Elon Musk's potential involvement in the US administration and Cardano tied to founder Charles Hoskinson potentially advising on cryptocurrency regulation. The article concludes with a disclaimer stating that it is not financial advice.
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