Ethereum price aims for $5K after reaching 3-year high versus Bitcoin

Ethereum price aims for $5K after reaching 3-year high versus Bitcoin

Ethereum puts in two USD all-time highs in a day, but in BTC terms, it still has a long way to go. Ether (ETH) set a second all-time high on May 12 as the largest altcoin continued on its way to what analysts say will be $5,000.ETH/USD 1-hour candle chart (Bitstamp). Source: TradingviewFunding rates could hold key to ETH resilienceData from Cointelegraph Markets Pro and TradingView tracked ETH/USD as the pair put in two all-time highs in a single day on Wednesday.Part of the now notorious "alt season 2.0," Ether hit $4,350 earlier on the day, only to better its performance hours later and....


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