Ethereum-Related Altcoins on the Rise as ETH Climbs to 21-Month Peak Above $2.9K (Market Watch)

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After the relatively quiet weekend in which BTC dipped slightly to under $51,000, the asset has erased most losses and currently sits above $52,000 once again.

It all started with a large uptick on Monday that pushed Bitcoin beyond $50,000. A painful but brief retracement followed on Tuesday when the US announced the latest CPI numbers. Other tokens related to the Ethereum landscape have also surged in the past 24 hours. MATIC is up by 5% and sits close to $1, while OP has soared by 6% and trades at $3.9.

 

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