Bitcoin and Ethereum Prices Spike Thanks to This Crypto Market Paradox

Bitcoin and Ethereum Prices Spike Thanks to This Crypto Market Paradox



Gamza Khanzadaev

Crypto market is up $1 trillion again on good “bad” news as bull rally may be in play

The two largest cryptocurrencies, Bitcoin and Ethereum, soared on the back of today’s poor U.S. unemployment report. At the same time, total crypto market capitalization has once again reached the all-important $1 trillion mark.

Source: TradingView

Despite rising unemployment, the price of BTC increased by almost 5%, while the price of ETH soared by 8.5%. It would seem that with a…


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