Home Ethereum Ethereum Reaches New All-Time High of $2,800 USD

Ethereum Reaches New All-Time High of $2,800 USD

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Ether, the cryptocurrency tethered to the Ethereum blockchain, reached one other report excessive on Thursday following a powerful rise in current weeks.

In line with Coinbase, the cryptocurrency reached a excessive of $2,800 USD on Thursday morning earlier than dipping barely. The platform stated that Ether has jumped 15 p.c week-on-week

Ether’s worth rise comes on the heels of the European Funding Financial institution announcing that it will be issuing its first-ever digital bond utilizing the Ethereum blockchain. Moreover, it was introduced this week that over 10,000 UK taxis will soon accept cryptocurrency over the Ethereum blockchain as payment.

Final week, the coin reached a high of $2,645 USD earlier than dropping.

It’s been a powerful month for crypto belongings spurred by cryptocurrency alternate Coinbase making its debut on the Nasdaq Inventory Market. Bitcoin has lately seen highs around $63,000 USD per coin, whereas Dogecoin reached an all-time high of $0.43 USD last week.

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