Tron [TRX], Ethereum [ETH] rise above 10% each; the pay visit

While the cryptocurrency market rolls in the joys of greenery and celebrates the return home of the bull, altcoins like Tron [TRX] and Ethereum [ETH] they are seen to rejoice more. The two currencies saw their rise in large-scale prices from the start of this week.

At the start of the 7-day cycle, Tron traded at a depreciated price of $ 0.013 with a market capitalization of $ 867.1 million. Until mid-week, the TRX token kept a steady pace, moving in lateral movement. However, the currency saw its first recovery when its value appreciated at a bullish price of $ 0.0145, where its market capitalization reached over $ 969 million.

TRX price chart 7 days | Source: CoinMarketCap

The cryptocurrency did not hit the pause button after this shot, it took a major rise by trading at $ 0.0163 and rising further up to a bullish price of $ 0.0175. The weekly peak in cryptocurrency was seen at $ 0.0185 with a market capitalization of $ 1.23 billion. In just a week, Tron's market capitalization gained over $ 250 million.

At the time of writing, Tron was trading at $ 0.0179 with a market capitalization of $ 1.19 billion. The total volume of trade in the last 24 hours has been recorded at $ 166.5 million and has increased by more than 11% in the last 24 hours.

On the other hand, Ethereum behaved similarly throughout the week, with prices moving sideways until mid-week and then rising to deal with the bullish presence in the market.

At the start of the week, ETH was trading at a low price of $ 86, with a market capitalization of around $ 8.9 billion. However, the currency made significant progress when it broke above the $ 100 mark as the week neared its end.

Ethereum was trading at $ 114.28 with a market capitalization of $ 11.84 billion. The cryptocurrency has a trading volume of $ 3.19 billion and has seen an increase of over 10% in the last 24 hours.

7-day chart of Ethereum | Source: CoinMarketCap

At the height of its glory in the 7-day cycle, Ethereum reached a maximum of $ 118 with a market capitalization of $ 12.35 billion. However, this was not yet enough to recover his second XRP spot that surpassed the Ethereum commercial at the start of November.

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Priyamvada is a full-time journalist at AMBCrypto. A graduate in journalism and communication at Manipal University, she believes that blockchain technology is a revolutionary tool for advancing the future. Currently it has no value in cryptocurrencies.