Crypto markets in calm waters as Bitcoin and Ethereum steady the ship

Published by
City AM

By Darren Parkin The price of Bitcoin has stabilised at just above $20k for now at least, changing hands for $20,282 this morning – a drop of just 0.07 per cent over the past 24 hours. Other major cryptocurrencies are also broadly flat. Even Ethereum, which today finally sees its long-awaited upgrade to a new way of verifying transactions, is steady over the past 24 hours at $1,600. Was it priced in? There may not be much excitement in the markets, but for long-term crypto investors it’s an exciting day at least. Ethereum 2.0, as it was known for a long time, is now at long last a reality. The…

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