Ether Recovery Helps Crypto Revisit $1 Trillion Market Cap Level

Technology

Ether and Bitcoin reached their highest levels in 10 days on Sunday as the market showed some signs of stabilization.

The No. 2 cryptocurrency advanced as much as 5.8% to $1,279.06 on Sunday before pulling back on Monday morning Asia time. The rally comes after the token dropped as low as $880.70 on June 18. It appears to have found support around its 200-week moving average, which currently sits near $1,200.