While the recent rise in the price of ether caught the attention of cryptocurrency investors, altcoins also took a giant leap to hit their new all-time high. Ether, the second largest cryptocurrency after Bitcoin, rose to $ 1,763 on Friday. Analysts anticipate the ETH price will soon reach $ 2,000.

The price of ether is causing enough excitement in the crypto market, but the altcoins are also moving into the spotlight with their latest ATH price. Several altcoins saw significant growth on Friday.

Several altcoins show a notable rise in price

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The data released by TradingView and Cointelegraph Market show that Bitcoin has seen a 0.21% growth lately. BTC now stands at a trade value of $ 37,633. Ether is now at the $ 1,763 level and has seen a 3.27% increase in the past 24 hours. Bitcoin now has a 60.01% dominance over the crypto market cap.

In addition to these important cryptocurrencies, Altcoins are also showing noticeable growth. Alternative cryptocurrencies like Cardano and Binance Coin have become the new all-time high prices. Cardano or ADA are up 26.44% while Binance Coin or BNB are up to $ 64.87.

MakerDAO (MKR) has jumped 45% to hit its all-time high of $ 3,099. The decentralized financial protocol ZRX or 0x also saw a significant increase of 61%.

Yearn Finance Faced Exploitation

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Yearn Finance, or YFI, faced a major price movement obstacle when stable $ 11 million DAI coins were hacked from the DAI vault. The finance team immediately took steps to track down the hacker and reduce the damage.

Recently, Washington-based crypto custodian Protego announced that the company will now receive a national license from the Department of Currency Validators. This makes it the second crypto company of its kind to receive a license.

The crypto market is certainly witness to the massive growth of Altcoins and DeFi as well as the most important cryptocurrencies. The total market cap of the cryptocurrency is now $ 1.17 trillion.

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