May 15, 2021

Ethereum rises above $ 2,100, setting a new all-time high

Ethereum rises above $ 2,100, setting a new all-time high

Today, the price of Ethereum (ETH) has overcome the $ 2100 level and continues to fluctuate within its limits.

At night the course of the ether set a new historicala maximum of $ 2,135, surpassing the previous record by nearly $ 100. Over the past 24 hours, the price of the second largest cryptocurrency by market capitalization has grown by 5.07%, increased by 24% over the week, and has almost tripled since the beginning of 2021. At press time, ETH is trading at $ 2102.

Ethereum rises above $ 2,100, setting a new all-time high

Analysts associate the increase in the rate with the addition of direct settlements in the USDC stablecoin via the Ethereum blockchain to the Visa payment network.

Researchers also note an increase in demand for Ethereum options due to the seasonality of ETH dynamics. All previous years in May, Ether outperformed Bitcoin (BTC) in terms of price growth rates.

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