New moon, new ATH: Why could Ethereum reach $ 10,000 this year?

Ethereum has steadily gained 5% per day over the past week and is now reaching a new high of $ 2,900. Ethereum is currently trading from a new high of $ 2,866 and with a market cap of $ 331 billion. New moon, new ATH For the first time in history, Ethereum could reach $ 2,850 and is on track to surpass $ 3,000. This will help the virtual currency break its all-time high and move Bitcoin closer to its market cap. While Bitcoin remains the most common virtual currency, its market share has dropped below 49% and Ethereum's market share is approaching 15%. The ETH / USD pair exceeds 2850 USD. Source: TradingView Ethereum rose 5% per day steadily last week and has now reached a new high of $ 2,900. Ethereum is currently trading from a new high of $ 2,866 and with a market cap of $ 331 billion. According to data analytics platform Skew, the latest increase in ETH prices coincides with the increase in spot trading volumes since mid-April. Etherpot volumes have increased significantly since mid-April pic.twitter.com/3WqHlWdsl7 – skew (@skewdotcom) 29 April 2021 Analysts are on the rise in price surge of ETH and expect it to continue in the foreseeable future. Most market participants expect the Ethereum price to reach $ 10,000 or more by the end of the year. Bitcoin has exceeded $ 58,000 in recent hours and is now close to $ 60,000, a high psychological level that will be crucial to overcome in the coming days. Bitcoin and Ethereum are not the only virtual currencies rising in value. Binance Coin (BNB), Dogecoin, and Litecoin are all in place. Binance Coin has increased by more than 2% in the last 24 hours to reach $ 627. Dogecoin continues to attract buyers and is currently trading at $ 0.36, up over 17%. Litecoin, the digital asset produced by Charlie Lee, rose 3.14% compared to yesterday after surpassing $ 272. Related article | Ethereum consolidates over $ 2,700,

Join the Discussion

Back to top