BTC - Why Bitcoin Ethereum and Shiba Inu Are Rising This Week
2023-06-22 12:58:10 ET
Most cryptocurrencies rose this week as investors cheered more interest and participation in the sector from large mainstream financial institutions.
The price of the world's largest cryptocurrency, Bitcoin (CRYPTO:BTC), traded more than 13% higher on the week as of 12:25 p.m. ET Thursday, according to data from S&P Global Market Intelligence . Meanwhile, the price of the world's second-largest cryptocurrency, Ethereum (CRYPTO:ETH), traded more than 9% higher, while the price of the meme token Shiba Inu (CRYPTO:SHIB) was up 14.5%.
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Why Bitcoin, Ethereum, and Shiba Inu Are Rising This Week