Published
1 week agoon
The bull run has again brought the price of Ether, the Ethereum native currency above $1,000 after a long while.
The second largest cryptocurrency by market capitalization has over the past month increased by over 100% in price. According to data from Coinmarketcap, Ether was trading at an average of $533 a month ago.
See also: Bitcoin Price Falls 10% A Day after its Twelfth Year Anniversary
At a 90days trading time frame, the price of the coin was at a low of $362+. Ether commands a significant 13.4% dominance over the market.
The price of Ether has increased from less than a $100 it was a year ago after falling from its all-time high of $1400+ to $95.
Read also: US Banks Can Now Use Public Blockchains & Stablecoins for Settlement
Just as Ether is raging high, bitcoin has also rose to surpass it’s previous record. Bitcoin is currently trading at $17000+ above its 2017 all-time high.
At a total market capitalization above one trillion dollars, ethereum market capitalization stands at $136 billion with trading volume up by 11% at $41.5 billion.
At its current price, Ether is still $200+ away from hitting it’s all time high ever which it achieved on the 13th of January, 2018.
Will the price of ETH reach its all-time high again and exceed at the same time it did three years ago?
Share your comments below
ETH Already Scaling, Happy New Year to Who it May Concern
Ethereum Price Increased by 50% Within A Week As It Clocks $1000
As BTC Takes a Dip, Is It Time For the Altcoins?
Whoop Whoop! Ethereum Scales Past $700
Do Not Stash Borrowed Sums in Volatile Cryptocurrencies, Buterin Warns Whoever Cares to Listen
Set Protocol Marketing Head believes ETH is Going to $10,000