Bitcoin Surpasses $72,000 Amid Ethereum's Dencun Upgrade Hype

The cryptocurrency market is currently buzzing as Bitcoin has recently surpassed the impressive milestone of $72,000. This surge can be attributed to a strong sense of optimism among investors regarding the upcoming Deneb-Cancun (Dencun) upgrade for Ethereum. Expected to reduce transaction fees on various Layer-2 network protocols built on Ethereum's blockchain, this upgrade has ignited interest and investment in Ethereum as well. As a result, Ethereum has seen its price boost, climbing back above $1,500.

However, despite these positive developments for both Bitcoin and Ethereum, the overall market momentum remains slightly bearish. Investors remain cautious, monitoring for further developments in the crypto space.

For those looking to invest in these rising cryptocurrencies, platforms like Bitlet.app offer innovative services, including Crypto Installment options. This allows investors to purchase cryptocurrencies now and spread the payments over time, making it easier to jump into the market at these exciting price points.