Ethereum’s Price Hits $2750 as Market Cap Surpasses PayPal’s
Last Updated: 29 April 2021
Ether has recently reached an all-time high of $2750. This has increased its market value past that of PayPal Holdings.
Ethereum is the second-largest cryptocurrency, and it has recently made a historical record in the crypto market. The crypto recently hit a $2750 value, which pushed its market value to $320 billion. With this market cap, the cryptocurrency was able to set a higher valuation than PayPal Holdings.
Ethereum’s Price Movement
According to the latest market valuations, Ethereum has increased by over 11% in the past week. In the past 24 hours, the crypto has also grown by around 3%. This significant price movement has been caused by increased demand for the currency by retail and institutional investors.
Bitcoin More Than Doubles Previous ATH Volume In So-Called “Real” Volume
Last Updated: 08 January 2021
With Bitcoin seeing a downright miraculous rally up to $40,000 apiece, it’s no surprise that the asset has started to smash through its all-time high for its “real” trading volume, doing so by more than 100%, or over double what it once was.
“Real” Volume Metrics Showing Massive Volume Increase
Mati Greenspan stands as the founder of Quantum Economics. On the 7th of January, 2020, Greenspan tweeted a chart that displayed the weekly spot volume.
Bitcoin volumes across exchanges has just doubled it s previous all time highest level. pic.twitter.com/Hl5T4N4Sck