09-11-2022 icon

Bitcoin, Ethereum Rebound as LUNA moves to the Moon

By Lucy Adegbe

Largest coin by market capitalization Bitcoin has risen by 0.7% reaching $ 21,582. Similarly, Ethereum is up by 1.6% ahead of the Merge which comes up in a few days.

At the time of writing, Bitcoin and Ethereum are exchanging hands at $21,582 and $1,762 respectively.

BTC/USD Trading chart (Source: tradingview.com)

ETH/USD Price chart (Source: Tradingview)

Undoubtedly, the largest move in the cryptocurrency industry this past week was LUNA gained a record 209.66% trading at $ 5.61.

It would be recalled that the  Terra-powered ecosystem collapsed in May as its price diminished to zero.

While LUNA is a new coin from the rebooted blockchain, the original LUNA is now rebranded as Luna Classic(LUNC), which also climbed by 80% this past week.