RATE Group | Bitcoin Recovers from Lowest Level Since June, Ethereum Rises Above $300 By Investing.co…
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Bitcoin Recovers from Lowest Level Since June, Ethereum Rises Above $300 By Investing.co…

17 Aug Bitcoin Recovers from Lowest Level Since June, Ethereum Rises Above $300 By Investing.co…

Posted at 18:09h in Ethereum News by

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© Reuters. Bitcoin recovered from its lowest level since June

Investing.com – Bitcoin recovered from its lowest level since June, while Ethereum rose above the $300 mark once again on Friday.

“The crypto market appears to be in its final stretch of its bearish state,” Chris Yoo, a portfolio manager at Black Square Capital, said in an email. “This correction is not unexpected due to the over-valued nature of many blockchain projects and regulatory uncertainty.”

 was up 2.8% to $6,497.7 at 1:10AM ET (05:10 GMT) on the Bitifinex exchange.     

 traded 5.8% higher to $302.1on the Bitifinex exchange.         

 jumped 6.8% to $0.30225 in the last 24 hours on the Poloniex exchange, while  gained 3.4% to $56.879. 

Ethereum began its recovery on Thursday after the network’s cofounder Vitalik Buterin gave an update on the so-called Casper protocol upgrade, which is…

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