Significant price hurdles for Bitcoin and Ethereum are reached in September.

While Bitcoin Y ethereum they reached USD $24,000 and USD $1,800 respectively at some point during the day, for this August 8 most of the main altcoins point upwards and derive slight gains.


Report sponsored by CryptoMarket
Report sponsored by CryptoMarket
  • BTC reached USD $24,000 this August 8
  • ETH also rose and touched the USD $1,800
  • Major altcoins on the rise at press time

Bitcoin exceeded USD $24,000 this August 8

A new week begins and we open our price report for noon on August 8, reviewing the evolution of the price of Bitcoin (BTC), since the main digital currency is trading at about USD $23,963 per unit at this time, a figure that represents a slight increase of 3.12% in the last 24 hours.

According to the data published in our section CryptoMarkets DailyBitcoin Y CoinMarketCap, it can be seen that the price of Bitcoin began to increase at 2:00 a.m. (New York time), coinciding with the opening of the European markets. At this time, its price went from about USD $23,431 to USD $24,144 in just three hours of trading.

Since then, although its price remained above USD $24,000, it was a few hours ago that it lost level and fell below said mark, going below the aforementioned values. It is worth noting that its highest value of the edition was about USD $24,203, which took place shortly after 8:00 am.

Bitcoin price evolution this August 8
Bitcoin price evolution this August 8

ethereum touched USD $1,800

Another currency that also stood out positively this August 8 was Ethereum (ETH), second coin with the largest market capitalization, which at the time of publication is trading at about USD $1,766 per unit and derives gains of 3.21% compared to yesterday.

As well as Bitcoin, Ethereum also drew positive attention today for surpassing and partially holding over USD $1,800 between 8:00 a.m. and 10:00 a.m. After this period, its price fell slightly and is now around the aforementioned values.

It is important to point out that in recent days there have been investors and entities that have expressed great expectations about ethereum for the near future, this since the update called The Merge will bring about important changes for the functioning of the digital currency and its network, turning ETH in an investment asset with very attractive properties.

Major altcoins react positively this August 8

And last but not least we have the main altcoins, of which the majority are on the rise with slight gains between 2% and 5% at this time.

Among the most notable increases for this August 8 are the following cases:

  • Stellar (XLM) increased 10%
  • chain link (LINK) up 8.5% in the last 24 hours
  • follows closely NEAR, which increases by 8.2% compared to yesterday.

The most notable news of the day

We understand that this is a complex and especially sensitive moment in the cryptocurrency market, but if you are one of the people who see opportunities with current prices, we remind you that our section CryptoMarkets already has buttons so you can buy your favorite digital currencies.

If you want to acquire Bitcoin (BTC), prefer to buy Ethereum (ETH) or want to get some tether (USDT), you just have to access our page CryptoMarkets and click on the currency of interest. In addition to seeing its price, evolution and other market data, you will also find a buy button that will take you to a reputable exchange where you can do your trading.

Acquire your favorite cryptocurrencies via DiarioBitcoin
Acquire your favorite cryptocurrencies through the purchase button in DiarioBitcoin

We recommend everyone to be very attentive as this possibility will be incorporated soon for a greater number of digital currencies.

Report sponsored by CryptoMarket
Report sponsored by CryptoMarket

With information from CryptoMarkets DailyBitcoin Y CoinMarketCap

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WARNING: This is an informative article. DiarioBitcoin is a means of communication, it does not promote, endorse or recommend any investment in particular. It is worth noting that investments in crypto assets are not regulated in some countries. May not be suitable for retail investors as the full amount invested could be lost. Check the laws of your country before investing.

John R. Zepeda

I have extensive experience working as a content writer in the areas of cryptocurrencies and finance, where I create interesting pieces that both inform and engage their audiences.

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