More than profitable week for all cryptocurrencies with often double-digit earnings and with the breaking of the period highs for Bitcoin and Ethereum
Also this week the rise of almost all cryptocurrencies continues: as we had written in the previous report, Ethereum and Bitcoin had turned long and this indication has been confirmed.
The fear index remains high this week after the recent declines, even though Bitcoin lost 4.9% ($ 36,900), the correction of Ethereum which lost 15.4% ($ 2,420) was much more decisive.
The end of 2020 and the beginning of 2021 was characterized by a strong rally in cryptocurrencies in general, which took Bitcoin from $20,000 in December 2020 to be worth $65,000. This value reached an all-time high in the $68,000 area in two periods between April and early November 2021.