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Bitcoin and Ethereum experienced the highest daily growth in the past week

The two top digital currencies in the market, Bitcoin and Ethereum, recovered the highest daily growth in the past week on Tuesday.

to the the report Bitcoin Desk, with 8.8% growth in the last 24 hours, managed to rise from around $ 34,200 yesterday to over $ 37,000 on Tuesday.

The market-leading digital currency traded above $ 37,200 at the time of writing and has shown the highest daily returns in the past week.

Ether also increased by 15% in the last 24 hours, which is the highest growth rate in the past week. The second-highest digital currency continued to rise from its lowest level on May 23 and is now priced above $ 2,670.

Gunnar Jaerv, Chief Operating Officer of First Digital Trust, said:

During this time we have seen our institutional clients express a growing interest in strengthening their long-term position. The market is moving upwards.

The rise in digital currency prices coincides with reports that the Bank of India (RBI) on Monday issued a directive banning its banks from invoking the 2018 digital currency ban directive.

The directive initially barred digital asset-related customers from traditional banking services, but last year the Supreme Court of India ruled to repeal it.

Price growth, however, has slowed slightly, with Bitcoin hitting a daily high of around $ 38,000 and Ether rising to $ 2,730.

Arzavach market view

Other digital currencies in the list of top 10 currencies in terms of market value have also increased by 3 to 13 percent in the last 24 hours. Ripple, Uniswap and Dogecoin grew the most.


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