In the first quarter of 2024, Bitcoin and Ethereum have seen substantial growth rates of nearly 69% and 59.66% respectively. Over the month, these assets showed an increase of 16.81% and 9.33% respectively.
In March 2024, the first cryptocurrency increased by 16.81%, while Ethereum’s price increased by 9.33%. This growth marked the fourth consecutive year of the first cryptocurrency closing March with an increase, according to CoinGlass.
At the time of writing, Bitcoin is trading around $69,500. Similarly, Ethereum has been on the rise in March for the fourth year in a row. At the time of writing, it is being traded above $3500, according to TradingView.
It’s worth noting that, in February 2024, Bitcoin increased by 43.55%, while Ethereum saw a 46.28% rise. Analysts from the brokerage firm Bernstein have previously stated that the first cryptocurrency’s rate will surpass $90,000 by the end of 2024.
