This Week in Coins: Bitcoin and Ethereum Rise, Solana Rises Most
All of the top 20 coins were in the green again—and nothing rose bigger than Solana, which is rebounding from its FTX-triggered losses.
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The third full week of 2023 was also the third consecutive week of market-wide gains for all the top cryptocurrencies.
Market leaders Bitcoin and Ethereum have kept pace with each other to once more bring crypto’s total market capitalization back above a trillion. Crypto investors may feel like we’ve gone back to the heady days of Bitcoin’s bull run—though of course we’re far from its 2021 highs.
Bitcoin (BTC) blew up 16% over the past week and trades at $22,963 at the time of writing, according to CoinGecko data. That’s still a 64% drop from Bitcoin's all-time high above $69,000 on November 10, 2021.
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