The second largest cryptocurrency by market capitalization continued its sturdy progress, testing the $3,000 degree.
The chart beneath exhibits an increase in buying and selling quantity on the again of rising costs:
15-minute ETH/USDT chart on Binance. Data: TradingView.
At the time of writing, Ethereum's buying and selling worth is round $2,986. The cryptocurrency's market cap is $358.4 billion, in response to Queen Gekko.
The final time Ethereum traded at such excessive ranges was in April 2022. The historic most worth was recorded in November 2021 – at $4,878.26, in response to Queen Gekko.
The share of ETH provide in unrealized earnings exceeds 94%.
Ethereum's deflation charge is -0.2%. Meanwhile, 2.07 Ethereum is burned each minute, in response to Ultrasound. the cash.
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