Original Article:
Crypto.news reported on the 14th of March that Bitcoin (BTC) and Ethereum (ETH) have experienced significant price increases. As of the 14th of March, Bitcoin (BTC) was trading at $60,000, a new all-time high, while Ethereum (ETH) was trading at $1,935.
The rise in the prices of Bitcoin (BTC) and Ethereum (ETH) has been attributed to the increased adoption of cryptocurrencies by traditional financial institutions. Binance and Coinbase, two of the largest cryptocurrency exchanges, have reported an increase in trading volumes.
Key Points
- Bitcoin (BTC) and Ethereum (ETH) have seen substantial price hikes.
- The surge is due to traditional financial institutions adopting cryptocurrencies.
Bitcoin (BTC) and Ethereum (ETH) have recently witnessed remarkable price surges.
As of the 14th of March, Bitcoin (BTC) reached a new record high, trading at $60,000.
Similarly, Ethereum (ETH) was also performing well, trading at $1,935.
Reasons for the Price Increase
The price increases of Bitcoin (BTC) and Ethereum (ETH) are largely due to the growing acceptance of cryptocurrencies by mainstream financial institutions.
Impact on Cryptocurrency Exchanges
Binance and Coinbase, two major cryptocurrency exchanges, have noted a rise in trading volumes in response to these price increases.