Cryptocurrency prices were edging higher early Tuesday morning with Ethereum topping the $3,000 mark for the first time in two weeks.
Bitcoin was trading at approximately $42,585 , while the aforementioned Ethereum and Dogecoin were at nearly $3,025 and 12.39 cents , respectively, according to Coindesk.
With the exception of a brief spike above $3,000 early this month and today's move into positive territory, ether has mostly meandered in the $2,400-$2,800 range during March. Ethereum has shown a 5.8% increase in the last 24 hours, the Coindesk report said.There was a significant uptick in Ethereum exchange outflows Friday, with more than 180,000 withdrawn, according to data from IntoTheBlock, a crypto data firm.
"The last time such a magnitude of ETH left exchanges was in October 2021, which preceded a 15% price increase within 10 days," the firm tweeted.
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