Skip to content

Ether reaches a new price record of over $ 900 after a month of strong growth

Ether (ETH), the native currency of the Ethereum platform and the third-largest crypto- currency by market capitalization, hit a new record today, trading at $ 914 earlier this morning. At the time of going to press, Ether was trading at an average of $ 889 and was posting a 16.26% price increase over the past 24 hours.

Last month, the price rose by more than 100% 1 Dec. 2017 to the highest of today.

<img alt=" Ethereum Cards "src =" "title =" Ethereum Cards "/>

The Price Of Ether has been fluctuating between $ 200 and $ 400 since May 2017. Sustained growth of the altcoin began in mid-December 2017 and the coin reached its highest record of nearly $ 880 on December 19, according to coinmarketcap .com

<img alt=" Ethereum Cards "src =" "title =" Ethereum Cards "/>

The third largest cryptocurrency has seen amazing growth this year, with its market capitalization rising from $ 698 million to $ 86 billion today, an increase of 12,000 percent. On January 1, 2017, the price of Ether was 8.

<img alt=" Ethereum Cards "src =" "title = "Ethereum Charts" />

Today 's price spike took place in the midst of heightened volumes of ETH, especially in Asia.At the time of the press , the Singapore Coinbene Stock Exchange was in the lead, with trading volumes of $ 600 million, and the Hong Kong / Tokyo stock exchange, based in Hong Kong / Tokyo, also has a record deal volume of nearly $ 360 million. dollars, with Bithumb in South Korea, with 24-hour volumes around 340 million dollars at the time of publication.]

See also  Thailand: Central Bank asks all banks to avoid crypto, pending settlements

Meanwhile, the entire cryptocurrency market is experiencing growth today. , With most of the first 20 altcoins displaying 24-hour increases, several 30% and one 83% maximum Bitcoin (BTC) shows a modest 4.25% increase in prices, and the BTC's dominant position has reached its lowest level of 35.9% today.