Bitcoin and ether hit all-time highs

The bitcoin and the ether They reached all-time highs on Tuesday’s session, given the enthusiasm for the adoption of cryptocurrencies and the concern about inflation, which drives flows towards this type of assets.

While both virtual currencies They fell back from their highs in the US session, their trajectory was clearly upward.

The bitcoin reached $ 68,564.40 and then fell 0.1% to $ 67,325, while the ether, the second-largest cryptocurrency by market value, hit $ 4,842.65 before dropping 0.7 percent. Both have doubled in value since June.

Momentum in the market has been building since a bitcoin futures exchange-traded fund was launched in the United States last month.

Inflows to bitcoin products and funds have reached a record $ 6.4 billion so far this year, according to data from the digital asset manager. CoinShares, and amounted to $ 95 million last week.

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