Ethereum has hit a new all-time high of nearly $2,000. On the 18th of February, ETH spiked to its most recent high of $1,930. At the time of writing, ETH is up 6.56% to $1.934.60, according to data provided by CoinMarketCap.
Cointelegraph analyst Michael van de Poppe has predicted that the largest altcoin by market value would hit $2.200. Speaking further, the analyst said:
noted“Speculative guess but those might be OTC deals for institutional investors like $BTC Coinbase outflows.”
Furthermore, Ki suggested that alerts should be set to monitor similar behavior in the future.