Ether on Tuesday continued its march higher as the price of bitcoin took a breath.
Bitcoin rose 1% to $68,833.45 and hit a record high above $69,000.
"As has often happened in the past, bitcoin approaching record highs has caused a trickledown effect of adoption elsewhere in the ecosystem."
With bitcoin up 19% in the past week, meme coins have gained about 175% in the same period, according to CoinGecko.
Analysts point to them as evidence that retail investors, who have been absent for much of the recent crypto rally, are starting to return to the crypto market.
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bitcoin, bitcoin's, Philipp Zentner
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