The second most popular crypto, Ethereum, remains behind Bitcoin, in terms of its performance. Since the Ethereum September 2022 Merge update, the pair ETH/BTC
Crypto had a rally on Friday with Bitcoin (BTC) price showing signs of a surge as it trades just below $60,000, thanks to some major market developments.
Bitcoin price dropped earlier in the day by nearly 1% to $57,600 after software company MicroStrategy announced that it purchased 18,300 BTC.
However, the flagship cryptocurrency recovered its losses and surged later in the day. At the time of writing, BTC price shows a decline and is trading at $58,789 after a 24-hour price decrease.
Meanwhile, Ethereum price dropped and slipped below the $2,300 level, but ETH holders remain hopeful for a potential rally to $2,500.
ETH price declined by 11.35% at the beginning of the month and is currently trading at $2,295.
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