Ethereum broke out of a one-week consolidation streak on Monday when it outperformed Bitcoin (BTC) to reach $3,730. The price increase highlights rising social media activity for Ethereum following Vitalik Buterin’s speech at Tuesday’s Hong Kong Web3 carnival.
Bitcoin’s (BTC) halving is fueling increased attention around the largest digital asset on Tuesday as many crypto community members continue to share their insights on its effect in the market. Most predictions have leaned around the premise that supply reduction from the fourth halving would have minimal effect on the price movements of Bitcoin despite historical data showing otherwise.
Toncoin, the native token of Layer 1 decentralized computer network, hit a new all-time high early on Tuesday. TON price climbed to $7.12 on OKX, hitting a new record.
