Bitcoin NFTs push transaction fees upward, and Ethereum moves closer to staked ETH withdrawals
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City AM
City AM
By Darren Parkin Data from CryptoCompare shows that the price of Bitcoin moved mostly sideways throughout the week, starting off at $23,000 and dipping to a $22,500 low before moving strongly upward to $24,000. The cryptocurrency’s price has since started dropping, to now trade at $22,700. Ethereum’s Ether, the second-largest cryptocurrency by market cap, moved similarly to BTC, dropping to $1,550 at the beginning of the week to then surging to near $1,700. ETH outperformed the flagship cryptocurrency, however, and is currently changing hands for $1,625. Over the past week, Ethereum’s develope…