Bitcoin [BTC] and Ethereum [ETH], the top two leading cryptocurrencies, surged to new all-time high prices on Tuesday, hours before the shares of cryptocurrency exchange Coinbase are due to start trading on Nasdaq.
The price of the leading cryptocurrency Bitcoin [BTC], the oldest cryptocurrency and therefore the largest by market price, set a new record of $64,829.14 USD prior to setting back to $64,443.70 USD at the reporting time, up 2.65% within the last 24 hours, as per coinmarketcap.com.
Ethereum, the native cryptocurrency of the Ethereum blockchain and therefore the second-largest overall, set a new all-time high water mark of $2,399.61 USD, prior subsiding to $2,383.24 USD, up 7.40% within the past 24 hours.
The new marks continue a two-day surge by the two cryptocurrencies within the lead-up to Coinbase’s direct listing, a seminal moment within the history of crypto. Analysts revealed that the additional publicity and investor-relations chatter surrounding the listing might cause an uptick within the pace of cryptocurrency adoption, or at the very least, speculation.