Bitcoin, Ether Hit Highest Since Mid-May as Sentiment Warms
- Broader crypto market is also participating in the rally
- ‘Mood of optimism’ has returned, Bitfinex’s Ardoino says
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Bitcoin and Ether reached their highest levels in more than two months after a major Ethereum upgrade and even in the face of uncertainty over crypto rules in the U.S. infrastructure plan.
Bitcoin gained as much as 3.1% to $45,328 on Sunday, its highest level since May 18. Ether increased as much as 3.5% to $3,191, gaining for a fifth day amid the Ethereum network’s London upgrade, which reduces the pace of growth in the coins.