May 15, 2021

Ethereum rate rises above $500 and hashbreseti hits record high

Ethereum rate rises above $500 and hashbreseti hits record high

On November 20, the ethereum rate overcame the $500 mark for the first time in two and a half years.The day before, miners also noted the increase of hashrate in the cryptocurrency network to a historic high.

The last time the price of ETN was at such a high level in June 2020.Despite a slight daily increase of 5.2%, breaking through the psychological barrier by the leading altcoin has inspired traders and investors.At the time of publication, the token is trading at $516.

Ethereum rate rises above $500 and hashbreseti hits record high

Since the beginning of the year, the price of ether has increased almost fourfold, rising from $130.During the same time, the bitcoin exchange rate has grown 2.5 times and is now a few steps away fromhistoric high.

Positive price dynamics the day before attracted the attention of miners, who connected to the network new computing power, increasing the hashrateto a record 256 th/s.

</p>