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Bitcoin offers the opportunity to move to altcoins with shy moves towards $ 20,000. Ethereum (ETH) is also on the rise as the leading cryptocurrency is rising. The second-ranked cryptocurrency is currently priced at $ 610, slightly below its year's highs so far, but a lot more than just a week ago.
The latest rise of Bitcoin and Ethereum apparently comes as a result of corporate buying pressure. Analysts recorded a spot offer that pushed the market higher, as many public fund managers on Wall Street announced their support for cryptocurrencies.
Analysts are optimistic that Ethereum will move higher soon, especially as a result of the positive underlying trends. As BTC continues to rise, it can fuel ETH to move to higher levels.
