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Why Bitcoin, Ethereum, and Shiba Inu Are Rising This Week

TheMotleyFool

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Why Bitcoin, Ethereum, and Shiba Inu Are Rising This Week: https://g.foolcdn.com/editorial/images/737211/generic-upward-14.jpg

Most cryptocurrencies rose this week as investors cheered more interest and participation in the sector from large mainstream financial institutions.

The price of the world's largest cryptocurrency, Bitcoin (CRYPTO:BTC), traded more than 13% higher on the week as of 12:25 p.m. ET Thursday, according to data from S&P Global Market Intelligence. Meanwhile, the price of the world's second-largest cryptocurrency, Ethereum (CRYPTO:ETH), traded more than 9% higher, while the price of the meme token Shiba Inu (CRYPTO:SHIB) was up 14.5%.

Image source: Getty Images.

Source Fool.com

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