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New Month, New ATH: Why Ethereum May Hit $10k This Year
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Ethereum has been steadily gaining 5% a day over the last week and is now reaching a new high of $2900. Ethereum is currently trading at a new all-time high of $2866, with a market capitalization of $331 billion.
New Month, New ATH
For the first time in history, Ethereum was able to reach $2,850, and it is on its way to surpassing $3,000. This will help the virtual currency to break its all-time high price and get closer to Bitcoin’s market capitalization. While Bitcoin remains the most common virtual currency, its market share has fallen below 49%, and Ethereum’s market share is approaching 15%.
Jan 21, 2021 06:52 GMTCrypto News
The crypto community awaits the launch of CME Ether futures on February 8.
The derivatives are anticipated to be a game-changer for Ethereum amid the new record high.
Technicals and on-chain metrics suggest that Ethereum is poised to rally to a new all-time high of around $1,700.
Ethereum hit a new all-time high at $1,446 on Tuesday, bringing back attention to the altcoins. Intriguingly, the majestic price action comes two weeks before the Chicago Mercantile Exchange (CME) launches Ethereum futures. Analysts and speculators believe that this launch is going to be significantly bullish for Ethereum.
Ethereum prepares for liftoff to $1,700 ahead of the CME futures launch
Ethereum (ETH) Price Shoots to $725, Analysts Predict Bullish 2021
Dec 28 2020 · 09:33 UTC by Bhushan Akolkar · 3 min read
Photo: Depositphotos
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As BTC continues to hit new all-time highs, Ethereum (ETH) has also joined the rally surging past $725 levels in a strong bull run. Analysts say that the Ethereum journey is just getting started and 2021 could be an even bigger year for the crypto asset.
Bitcoin (BTC) has swayed investors by hitting its all-time high above $28,000 on Sunday, December 27. However, Ethereum (ETH) has been following the cue with a strong surge northwards. At press time, ETH price has surged 12.14% trading at $725 levels with a market cap of $81 billion. It is for the first time that ETH price has surged past $700 levels in the last two years since 2018 and it is said that Ethereum may have a good 2021.