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Ethereum’s Turn: ETH Records New All-time High, Surpassing May 2021’s Peak

Last update 29.10.2021 10:09

A little over one week since Bitcoin’s ATH, Ethereum bulls follow through as the cryptocurrency sets a new record 171 days after the previous one.

Ethereum’s Turn: ETH Records New All-time High, Surpassing May 2021’s Peak

Just nine days after the crypto community celebrated a new Bitcoin ATH, today, it’s Ethereum’s turn – traders and investors rejoice as ETH broke above its former all-time high of $4,380 (on Bitstamp).

  • Ethereum bulls celebrate today as the cryptocurrency marked a significant milestone breaking above the former all-time high of $4,380. As of writing these lines, ETH’s new high sets at $4,400.
  • It took ETH precisely 171 days from May 12th, 2021, to accomplish this.
  • It comes on the back of a wider increase of around 7.5% in the past 24 hours and over 50% during the last month, according to CoinGecko.
  • ETH’s total market cap has surged above half a billion as it currently sits at around $511 billion.
  • This also happens just a few days after the total value locked in various DeFi protocols surpassed $100 billion for the first time.
  • It’s interesting to see where the price of ETH will head from here, as many analysts believe that there’s a considerable altcoin season coming following Bitcoin’s recent rally.

Source:cryptopotato.com

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Coin Change(%) Price Volume (24h)
Bitcoin (BTC) 3.71 $72,084.86 $45.5B
Ethereum (ETH) 3.43 $4,038.91 $20.8B
XRP (XRP) 18.52 $0.727106 $4.4B
Solana (SOL) 1.58 $147.242060 $3.8B
Binance Coin (BNB) -2.22 $519.52 $3.0B
USD Coin (USDC) 0.03 $0.999697 $2.4B
Dogecoin (DOGE) 0.96 $0.174374 $2.1B
Shiba Inu (SHIB) -2.92 $0.000033 $1.7B
Floki Inu (FLOKI) -7.67 $0.000267 $1.3B
Avalanche (AVAX) 13.16 $47.596296 $1.2B
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