Bitcoin briefly hit a 26-month high of $52,900, a level last seen in December 2021.
The two most valuable cryptocurrencies briefly surged to new local highs on Feb. 20 before reversing sharply lower.
Ether traded as high as $2,996, a 22-month high, and is currently changing hands for $2,925.
Bitcoin surged to a local high of $52,900 earlier this morning but has since reversed sharply and trades 1% lower on the day. Major altcoins like LINK, SOL and AVAX dropped more than 5%.
Starknet’s long-awaited STRK token debuted today at an eye-popping fully diluted valuation north of $30 billion, making its controversial airdrop the largest in crypto history at over $2.1 billion. Arbitrum held the previous record of $1.7 billion.
After opening above $3, STRK is trending lower as more airdrop recipients claim their tokens.
Meanwhile, Worldcoin is down 13% in the past 24 hours after hitting an all-time high of $7.95 yesterday.
Source: https://thedefiant.io/eth-flirts-with-usd3-000-for-the-first-time-since-april-2022