
The world's largest cryptocurrency by market capitalization continued to push past year-long highs, as Bitcoin approached $38,000 late Thursday morning, an approximately 7% increase in the past 24 hours, according to data from CoinGecko. Its peak of $37,935 was the highest the coin has reached in more than 18 months.
Ether, the token for the Ethereum blockchain and second-largest cryptocurrency by market capitalization, was also up, crossing the $2,000 mark for the first time since July on the back of an 8% day-over-day price upswing.