Cryptocurrency, Hot News

Ethereum shoots like a star after two years!

Ethereum (ETH), the 2nd biggest cryptoasset by market capitalization, returned in the last hours of Thursday, striking a level last seen in August 2018, while transaction fees reached a new all-time high.

At pixel time (03:53 UTC), ETH trades at USD 421 and is up by 7% in a day and 6% in a week, boosting its monthly gains to 74%.

ETH price chart:


At the same time, the most sought-after cryptocurrency, bitcoin (BTC), is up by 1.5% in a day, reaching USD 11,753. Its price drops by almost 1% in a week but is still up by 26% in a month. Also, BTC dominance, or percentage of the total market capitalization, slipped further today, reaching 58.2%, or the last observed in June 2019.

Additional coins from the top 10 advanced up to 3.6%, while cardano (ADA) and binance coin (BNB) are unchanged in a day. The total market capitalization is up by 2% to USD 372bn.

While, the median ETH transaction fee hit a new all-time high yesterday, going parabolic and reaching USD 3.35, according to The former all-time high was reached in January 2018, when it shortly reached USD 3.14.


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