The countries that lead bitcoin mining 0:52
(CNN Business) -
Two cryptocurrencies have achieved new milestones.
Bitcoin hit an all-time high of $ 68,530.34 early Tuesday, according to CoinMarketCap.
That's just a few weeks after it hit a previous high of nearly $ 67,000 before dropping as low as 12%.
Meanwhile, ethereum also hit a record high, rising to $ 4,837.59, according to CoinMarketCap.
What are stablecoins and how do they work?
1:06
The market has been quite bullish on bitcoin.
Despite more than 13,000 cryptocurrencies listed on CoinMarketCap, bitcoin remains the dominant digital currency.
Some investors have predicted even bigger gains for Bitcoin, despite continued criticism of the cryptocurrency from JPMorgan Chase (JPM) CEO Jamie Dimon, who has called the coin "worthless."
How to buy cryptocurrencies in the US 6:21
The ProShares Bitcoin Strategy ETF, which began trading late last month, was up 10.95% on Monday.
- Paul R. La Monica of CNN Business contributed to this report
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