Bitcoin and Ethereum Continue Edging Closer to All-Time Highs WITHOUT Help From S&P 500 and Equities
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#Bitcoin has now climbed as high as $64.1K before a mid-sized retracement down to $59.8K approximately 4 hours later. Today's high has now closed the gap to within 7.2% of $BTC's $68.7K #AllTimeHigh established on November 10, 2021.
Meanwhile, #Ethereum has reached as high as $3,483, which is within 39.5% of its $4,859 #AllTimeHigh, also established on November 10, 2021.
#Crypto markets continue to surge with essentially no correlation to the #SP500 and #equities markets. This is historically a strong validator that the #cryptocurrency sector is in a confirmed #bullmarket.
Track the continued correlations between sectors on our price comparison chart here.
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