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Ethereum Outpaces Bitcoin as Markets Thaw

Bitcoin grew 8% over the last seven days to $22,337, as of this writing, but the world’s favorite cryptocurrency was vastly outperformed by Ethereum, which blew up 27% to $1,523.
Other notable rallies for the week included Chainlink, up 9% to $6.78, Cronos up 9% to $0.12, and Bitcoin Cash up 15% to $121.07.
Last week, Celsius joined fellow lender Voyager and crypto hedge fund Three Arrows Capital in filing for bankruptcy after weeks of insolvency rumors.
About 10% of the fund’s $230 million worth of assets held under management are cryptocurrencies.
News broke on Wednesday that electric car manufacturer Tesla had sold 75% of its Bitcoin, worth approximately $936 million.

Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by TokenAround.


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