Sunday, October 17, 2021
HomeEthereum NewsEthereum Breaks USD 4,000, Bitcoin Rallies Past USD 59K

Ethereum Breaks USD 4,000, Bitcoin Rallies Past USD 59K

The native token of the most popular smart contract platform, Ethereum (ETH), just reached another milestone, hitting USD 4,000 for the first time in its history.

At 03:17 UTC, ETH trades at USD 4,006 and is up by 2% in a day and 36% in a week. The price almost doubled in a month. ETH neared the USD 4,000 level on Sunday, but failed to cross it and corrected below USD 3,800.

At the same time, after a volatile weekend, the most popular cryptocurrency, bitcoin (BTC), jumped above USD 59,000 again and is trading at USD 59,217. It’s up by 0.5% in a day and USD 4.7% in a week. The price dived to almost USD 56,600 yesterday, rising around 5% since then.

This is happening while the one of hottest tokens this year, dogecoin (DOGE), is down by 15% in a day. Other coins from the top 10 club are up by 4%-17% today.
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Learn more:
– If History Rhymes, ETH Might Hit USD 19K; Downside Risk Stronger Than BTC’s
– Original Ethereum Outperforms ETH Despite Its ‘Institutional Evolution’
– The Ethereum Economy is a House of Cards

– Why Ethereum is Far From ‘Ultrasound Money’
– Dogecoin Needs 3 Conditions Fulfilled to Move Beyond USD 1

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