Crypto trading volumes soar, BlackRock files to launch spot Ethereum ETF, while Tether goes Bitcoin mining
Published by
City AM
City AM
By Crypto AM: Market View in association with Ziglu Data from CryptoCompare shows that the price of Bitcoin started last week with a sharp move downwards, dropping from around $37,000 to a low near $35,000, before recovering to now trade at $37,100 per coin. Ethereum’s Ether, the second-largest cryptocurrency by market capitalisation, moved steadily upward throughout the past week, going from around $1,940 per coin to a peak near $2,050 before a small correction over the weekend brought ether down to $2,020 a token. Ethereum’s price kept rising as BlackRock – the world’s largest asset manager …