Ethereum Soars Above $ 3000 | ProFinance.Ru

| |

Schedule Ethereum prices at intervals of 1 week

For the first time in history, the price of Ethereum exceeded $ 3000, although a week ago this cryptocurrency was worth slightly more than $ 2000. Since the beginning of the year, Ethereum has risen in price by about four times.

Thanks to these events, the capitalization of Ethereum reached $ 350 billion, which exceeds the capitalization of companies such as Bank of America, Disney, Nestle and Procter & Gamble (Coinmarketcap data – approx. ProFinance.ru).

In addition, the capitalization of this cryptocurrency exceeded the market capitalization. platinum, which is about $ 300 billion.

The rise in the price of Ethereum is driven by several factors, explains CoinTelegraph.

First, there is growing activity on the Ethereum blockchain, including from institutional investors. Last week, the European Investment Bank announced a $ 121 million two-year digital bond offering.

Secondly, the popularity of so-called decentralized finance (DeFi) is growing rapidly.

The head of the analytical department of Fundstrat Global Advisors, Thomas Lee, will keep the target for Ethereum at $ 10,500 and does not exclude the possibility of growth to $ 35,000.

MarketSnapshot – ProFinance.Ru news and market events in Telegram

On this topic:

Are the rich fleeing cryptocurrencies?

Ethereum Soars Above $ 1,750 Ahead Of CME Futures Trading Launch

Fundstrat: Ethereum may rise in price seven times more

Tesla sold part of bitcoins to prove its liquidity

Solana claims to be the supernova title in the crypto universe

READ Also:  Engine failure at 122,500 km: RAFA2000
Previous

‘Only reimburse new cystic fibrosis drug if price drops 75 percent’

France: fear of a 4th wave of the epidemic mentioned for the month of June

Next

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.