Why Ethereum has risen to an all-time record price, and what could happen next

in hive-116221 •  4 years ago 

STEEM POSTS

The price of Ethereum, the world's second largest cryptocurrency, has risen to an all-time high.

Its value rose over $3,400 (£2,450) on Monday night, passing the $3,000 (£2,200) high set over the weekend.

Like Bitcoin, Ethereum has been surging in 2021. It started the year valued at around $730 (£550), meaning its price has jumped by 456 per cent in little over four months – and more than 1,500 per cent since this time last year.


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