Today, the price of Ethereum (ETH) has overcome the $ 2100 level and continues to fluctuate within its limits.
At night, the ether exchange rate set a new historicalhigh of $2,135, surpassing the previous record by nearly $100. Over the past 24 hours, the price of the second cryptocurrency by market capitalization has increased by 5.07%, over the week it has increased by 24%, and since the beginning of 2021 it has almost tripled. At the time of publication, ETH is trading at $2,102.
Analysts attribute the increase in exchange rate to the addition of direct settlement functions in the USDC stablecoin via the Ethereum blockchain to the Visa payment network.
ResearchersThey also note an increase in demand for Ethereum options due to the seasonality of ETH dynamics. In all previous years, in May, ether surpassed Bitcoin (BTC) in terms of price growth.
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