April 25, 2024

Ethereum price hits all-time high of $ 3100

Ethereum price hits all-time high of $ 3100

Ether (ETH), the native cryptocurrency of the Ethereum network, exceeded the psychologically significant rate for the first time this nightthe mark of $ 3,000. At the time of publication on Binance and other major exchanges, ETH is trading near new highs of about $ 3,100.

ETH started the current year at $ 760, to whichrecovered from March 2020 when the price dropped to $ 90. Strong demand, together with the general rise in the crypto market, helped it to overcome the previous all-time high set at $ 1,440 at the beginning of 2018 by the end of January.

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Aggregate capitalization of the second largestcryptocurrency is over $ 350 billion. According to Asset Dash, ETH is now the 22nd largest asset in the world, surpassing Bank of America and PayPal. Bitcoin capitalization is $ 1.082 trillion. Also at the last stage, ETH began to noticeably overtake Bitcoin, thanks to which the rate in the ETH / BTC trading pair reached new highs since mid-2018 above 0.05.

Commenting on the ETH charts, analyst Edward Morra previously wrote:

“Very small kickbacks, if any, andconstant growth. Imagine waiting for an entry point in such conditions. Typically, these patterns either explode upward or fall apart, collecting stop orders. In both cases, the movements are extremely pronounced. "

He also noted that after rising above $ 1,000, the price of ETH continued to rise, but there was a 40% correction from the $ 2,000 level:

"I wonder if a round value of $3,000 would mean anything."

Ethereum price hits all-time high of $ 3100

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I was getting to the level of $ 3,000 ETH for twoof recent days, however, many investors considered the marks near it to be successful for fixing profits, which slowed down the capture of the barrier. This is indicated by the multi-million dollar walls for the sale of ETH, which were seen on most major crypto exchanges.

“Inflows to ETH-based products since the beginning of the yearamounted to $ 792 million against $ 3.769 billion from BTC. Last week, the outflow of assets from BTC-based products was $ 21 million - the largest value in history. During the same period, ETH products received $ 34 million. This indicates positive investor sentiment around ETH. ", writes CoinShares chief strategist Meltem Demirors. .

Where is it more profitable to buy Ethereum? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Bybit https://bybit.com 7.5
3 OKEx https://okex.com 7.1
4 Exmo https://exmo.me 6.9
5 Huobi https://huobi.com 6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability&#8212; stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • Platform Features– availability of additional features &#8212; futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Ethereum price hits all-time high of $ 3100

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