Ether Price Passes $1,150 to Hit Highest Since January 2018
Ethereum's native cryptocurrency, ether, jumped to its highest level since early 2018 following a 43% gain last week.
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Ether (ETH) has broken its previous all-time high set in January 2018 with a rise to $1,439.
Bitcoin has powered to its highest price since early 2018 as the buying frenzy continues. Bitcoin has just powered up to its highest price since January 8, 2018, knocking on the door of $16,000 as FOMO grips the markets once again.In a move upwards that has added more than 12% over the past 24 hours, Bitcoin prices touched their highest levels for 33 months reaching $15,980 during early trading in Asia today, November 6, according to Tradingview.com.The $16K level may form resistance since there were two weekly closes at $16,100 in early January 2018 so if this week’s candle can hold on to....
With Ether continuing to push into new all-time highs above $1,500, Eth2 now ranks as the third-largest crypto asset in terms of staked assets. The price gains enjoyed by Ether as it hits record highs have propelled Eth2 to rank as the third-largest network by staked capitalization. That’s despite the fact that just 2.09% of Ethereum’s supply is locked up in Eth2 at present.Ether pushed into new record price highs above $1,480 on Feb. 2, with ETH currently testing $1,550 after gaining 12% in 24 hours.ETH/USD since December 2021, 4-hr chart: TradingViewWith nearly 2.5 million ETH currently....
Buying one digital unit of Bitcoin now costs around $14,500, about twice higher than it was at the beginning of this year. That is also the highest level since January 2018.
Traders say ETH price could pull back temporarily after climbing to a new all-time high above $1,470, despite the momentum of Ethereum. Several traders believe that the price of Ether (ETH) could pull back after it achieved a new all-time high on Jan. 25, gaining nearly 100% in January. Ether has outperformed Bitcoin (BTC) so far this year, buoyed by the growing number of users on Ethereum.Primarily due to the growing demand for DeFi, the Ethereum network has seen an increase in user activity and transaction volume.ETH/USDT 15-minute price chart (Binance). Source: TradingView.comThis has....