Bitcoin demonstrates a gradual ascent above $66,000, while Ether experiences a price correction

On Friday, Bitcoin registered a gain of 2.03 percent, bringing its price to $66,394 (approximately Rs. 54.9 lakh).

The crypto price charts, on Friday, March 8, reflected profits for a bunch of cryptocurrencies. Bitcoin on Friday recorded a gain of 2.03 percent that took its price point to $66,394 (roughly Rs. 54.9 lakh). This is a gradual escalation of BTC price by $1,392 (roughly Rs. 1.15 lakh) from its value yesterday. As per market analysts, bulls are currently directing Bitcoin’s market trajectory while also propelling the price of the asset higher.

“The influx of capital from traditional finance sectors into spot Bitcoin ETFs remains a significant factor fuelling the price surge, alongside the imminent Bitcoin halving,” Edul patel, CEO of Mudrex told Gadgets360.

Ether managed to mint a minor gain of 0.96 percent on Friday. The value of Ether, at the time of writing, stood at $3,543 (roughly Rs. 2.93 lakh). Over the last day, the value of ETH rose by $38 (roughly Rs. 3,142). The asset briefly touched $3,900 (roughly Rs. 3.22 lakh) before pulling back to the current price point.

On Friday, Bitcoin registered a gain of 2.03 percent, bringing its price to $66,394 (approximately Rs. 54.9 lakh).