Two digital currencies rise as Bitcoin advances to its highest levels

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Two digital currencies rise as Bitcoin advances to its highest levels

Sputnik

Bitcoin digital currency – archive

Ethereum and XRB rose on Monday, weighed by the rise of Bitcoin, which made the leap to an all-time high.

Ethereum, the second largest digital currency after Bitcoin by market value, jumped 7% to its highest level since June 2018, which raised its gains to more than 25% in the past three days alone.

Traders said that Ethereum, which often moves in parallel with Bitcoin, received support from growing demand ahead of the modernization of its blockchain network, scheduled for early December, which is widely expected to make it faster and safer.

XRB, the third largest digital currency, rose 15%, to its highest level in two years, which raised its gains to more than 75% in the past three days.

Source: “Reuters”



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