Bitcoin reaches $12,800

On Wednesday, September 2, the price of bitcoin rises. At 09:10 UTC, the first cryptocurrency is trading at $11,868.75 (+ 0.67%), according to CoinMarketCap. Previously, bitcoin briefly exceeded $12,000.

Ether rose in price to $475.75 (+ 4.9%). The rate of the second cryptocurrency yesterday, when it rose above $460, updated its maximum since July 2018. Earlier, Ethereum creator Vitalik Buterin said that updating the cryptocurrency blockchain to the second version caused more difficulties than expected.

However, he noted that he had no doubts about the transition to Ethereum 2.0, since no fundamental flaws were found. Analysts also expect that the launch of the yETH pool by the popular DeFi project yearn.finance will have a positive impact on the ether market.

XRP rose 2.81% to $0.297.

The FxPro analyst team notes: “Buyers helped bitcoin touch $ 12,000 again. The benchmark cryptocurrency held above the threshold for about seven hours, but then began to retreat again. However, even here the pressure was not significant, and by Tuesday morning Bitcoin is changing hands for $11,850. Thus, the cautious tug-of-war game continues. The next touch of the next most important psychological and technical level is a direct positive for the market, indicating the space for further positive dynamics. During the last day, along with the price increase, there was also a 14% increase in trade volume. Over the past week, the total cryptocurrency market capitalization has grown by $ 33 billion”.

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