Finance

Ether flies to the moon? Right here's what powers the ETH rocket

ether-flies-to-the-moon-right-heres-what-powers-the-eth-rocket

Ether flies to the moon? Here's what powers the ETH rocket

Ether hit its all-time high again on Feb.2, hitting the psychological mark of $ 1,500. Since then, the price has stayed above that level and is currently around $ 1,700. Along with (BTC) and other cryptocurrencies, ether (ETH) has seen a great price move since early 2021 after up 10.46% in a month.

While Bitcoin has also seen positive price movements, it is shy of its all-time high of $ 41,941 that it hit on Jan. 8. The ether volumes have increased. According to the market data provider CryptoCompare, the spot volume reached its all-time high on January 11th. The volume for the month increased 320% from December 2020.

Read on on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the information contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and forex prices are not provided by exchanges, but by market makers. As a result, prices may not be accurate and may differ from the actual market price. This means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media is not responsible for any trading losses you may suffer from using this data.

Fusion Media or anyone involved with Fusion Media assumes no liability for any loss or damage caused by reliance on the information contained on this website, such as data, offers, charts and buy / sell signals. Please be fully informed about the risks and costs associated with trading in the financial markets. This is one of the riskiest forms of investment possible.

0 Comments
Share

Steven Gregory