Bitcoin advanced while other blue-chip cryptocurrencies moved sideways on Wednesday as corporations continued to accumulate the apex digital asset.
Cryptocurrency | Gains +/- | Price (Recorded at 10:00 p.m. ET) |
---|---|---|
Bitcoin (CRYPTO: BTC) | +1.20% | $107,692.70 |
Ethereum (CRYPTO: ETH) |
-0.11% | $2,457.58 |
Dogecoin (CRYPTO: DOGE) | -0.78% | $0.1641 |
What Happened: The leading cryptocurrency gained momentum, reclaiming $108,000 after more than a week’s absence. The trading volume popped 3.43% to $50 billion over the last 24 hours.
Anthony Pompliano’s Bitcoin treasury company ProCap BTC, LLC, bought another 1,208 BTC at an average price of $105,977, taking its total holdings to 4,932 BTC, worth $531.4 million.
Ethereum consolidated in the $2,400 range before gaining traction overnight to exceed …