Bitcoin $60k, Ethereum $2k, Elon Backs Doge (Up 10%) Again

Last Updated on 2 April 2021 by CryptoTips.eu


Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]

The crypto market continued it’s upward trajectory as April kicked off. Bitcoin has reached $60k with many traders determined that the biggest cryptocurrency can get to $70k as soon as it breaks through its all time high of $61.5k.

Ethereum followed suit and is trading at $2k again. Binance Coin holds onto third place on CoinMarketCap’s list and trades for $353, up 14% in the past 24 hours.

Bullish April

After passing through its best quarter ever, Bitcoin started April off with a bang and broke through the $60k price level again, just off it’s all time high.

Other coins like Ethereum and Binance Coin followed suit and were keen on breaking their own records as well. Analysts are betting Bitcoin will have no trouble reaching for $70k as soon as it decisively breaks through its record of $61.5k.

Historically seen April is one of the best months ever for Bitcoin.

As it happened, two known billionaires and cryptofans made comments about the cryptosphere that were well appreciated.

YouTube video

Shark Tank star Mark Cuban, appearing on the Delphi podcast, admitted that his crypto holding had grown and that he was a big fan of Ethereum. Asked about the spread of his portfolio, Cuban said he had:

60 percent Bitcoin, 30 percent Ethereum and 10 percent the rest.

Elon Musk, CEO of Tesla and SpaceX, took it to a whole new level with another fan tweet for Dogecoin.

In a comment that was liked almost half a million times since, Musk stated:

SpaceX is going to put a literal Dogecoin on the literal moon.

Could be an April fools joke, but after this vote of support, Dogecoin shot up 10% in the past 24 hours, with the comment being repeated all across Twitter.

photodesign / Depositphotos.com