The activity in the cryptocurrency market continues at full speed. Especially Bitcoin and Ethereum popular crypto assets such as on the rise This dynamism, which has increased with the passing of time, also makes people who invest in this field very satisfied.
Finally, Ethereum, which is the second largest cryptocurrency, has achieved success with its last move today, after long record attempts. Cryptocurrency has reached an all-time high as of now.
A new record came from Ethereum! Here is the new value
After the meme coin storm that has shaken the market in recent weeks, it’s Ethereum’s turn. Ethereum price started the day with a record.
Ethereum climbed to the levels of $ 4 thousand 477
While Bitcoin, the largest crypto currency, has been trading at $ 63 thousand in recent days, Ethereum also made its investors very happy with the latest development today. The cryptocurrency managed to rise to an all-time high recently, reaching as high as $ 4,477. The altcoin is currently trading at $ 4,470.
As it will be remembered, Ethereum reached an all-time high value by climbing up to $ 4,305 in May. However, later on, the arrows turned down and the decline began due to many events in the crypto money market, as well as external factors such as Elon Musk.
The altcoin, which saw the bottom only 10 days after breaking the all-time record, hovered between 1,700 and 2,500 dollars for a while. Towards the middle of June, the arrows turned up again and other cryptocurrencies, especially Bitcoin and Ethereum, started to rise.
However, Ethereum reached the level of $ 4,400 on October 29, equaling the record $ 4,305 achieved in May. In addition, other altcoins also moved upwards in the same direction.
Finally, analysts of Goldman Sachs, a multinational US investment bank, also made a pleasing prediction about Ethereum. According to analysts, the altcoin will double its value by rising above $ 8,000 before the end of 2021.
So what do you think about this subject? Can Ethereum continue its recent rise above $8,000? You can share your views with us in the comments section.