This night, the price of ETH broke through $300, setting a new record for 2020.
On Saturday, the price of BTC rose abovelevel of $9700, pushing the price of ETH by 10%, above $300. Ethereum is currently trading at $315.
The sharp rise in the price of ETH is associated with an increase in the emission of ERC-20 tokens and the growing popularity of DeFi platforms. At the moment, about $ 4 billion is locked in DeFi protocols.
Many altcoins also posted good gains. Cardano (ADA) is up 14% to $ 0.15, LTC has tested $ 50, and Binance Coin (BNB) is currently trading above $ 20.
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