Category: Ether price

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Ethereum price all-time high follows reduced gas costs and DeFi revival

Analysts expect Ethereum price to rally to new all-time highs after the Berlin upgrade results in a drip in gas fees and a surge in DeFi activity. Mainstream adoption of cryptocurrency continues to reach new highs in 2021 thanks to the growth of popular sectors like decentralized finance (DeFi) and nonfungible tokens (NFT).  The explosive…
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Bitcoin dominance teeters at 50% as ETH, altcoins gain traction

The Bitcoin dominance index has collapsed by 20 percentage points since the start of 2021. ETH, BNB and more speculative altcoin bets have seen their dominance rise over the same period. Bitcoin (BTC) dominance briefly fell below 50% last week for the first time since January 2018, sending a strong signal that more speculative bets…
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Pros say Bitcoin’s ‘very healthy’ correction ‘builds ground for more stable growth’

Bitcoin’s price tumbled below a key support level, but financial experts agree that the correction clears the way for further upside. Bitcoin and the wider cryptocurrency market took a beating in the late ho April 22, and intense selling saw (BTC) price dip below $48,000 in a move that came as a relief to quantitative analysts like PlanB…
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Are we there yet? Here’s why one analyst says its not ‘altcoin season’

Altcoins have been on a real tear for months, but Jarvis Labs analyst Ben Lilly says we’re not in an “alt season” just yet. Few traders would argue against the fact that Bitcoin (BTC) is in a bull market, but there is less consensus on whether the market is in the midst of an “altcoin…
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Bitcoin to close April above $90K? When & where this bull wave will top

Analyst PlanB calculated Bitcoin could reach $92K by the end of April…but will it actually get there? Watch this interview with trader Eric Crown to find out! The cryptocurrency markets experienced a monumental green wave this week. Bitcoin and Ether calmly made new all-time highs on the back of Coinbase’s direct listing and the Berlin…
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What the forks? Bitcoin Cash and Ethereum Classic see triple-digit rallies

Following Dogecoin’s lead, Ethereum Classic rallied to a new all-time high and Bitcoin Cash doubled as altcoin forks have started to gain traction. It’s undeniable that Bitcoin (BTC) and Ether (ETH) are currently the two most dominant cryptocurrencies, and as a result, they receive most of the attention from the mainstream media, institutional investors and…
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Ether price takes on Bitcoin — What’s behind the sharp rise in demand?

Ether remains close to the $2,000 mark after breaking its all-time-high at around $2,150, but what has driven its growth? Breaking new all-time highs, the recent price action of Ether (ETH) took the crypto market by storm and signaled an official start to alt season. Several analysts are predicting that Ether will surpass its previous…
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Ethereum’s return to all-time high accompanied by 77% rise in transaction fees

A 31% price surge was accompanied by a 77% rise in the cost of transacting on Ethereum. Ether (ETH), the second-largest cryptocurrency by market capitalization, returned to an all-time high on Friday when the spot price for each unit of ETH exceeded $2,000. Meanwhile, the ominous specter of Ethereum’s unwieldy transaction fees made itself felt…
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ETH breaks all-time high amid fresh price surge

Ethereum has regained the $2,000 zone. Ethereum, crypto’s second largest asset by market cap, has broken its previous all-time price high near $2,041 , set on February 19, 2021. Ethereum (ETH) hit a record price high of approximately $2,081 today, according to TradingView data. ETH trades near $2,067 at time of publication. Since its February high,…
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Pro traders close Ethereum longs even after today’s $1.15B options expiry

Data shows pro traders who bought the Ethereum price dip below $1,600 are now booking profits even though today’s $1.15 billion options expiry was uneventful. Ether (ETH) rebounded from a $1,550 low on March 24, which marked a 17% fall from the $1,870 weekly high. Even though the $1.15 billion options expiry in the early…
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