BREAKING: Ethereum Rallies Above $4,000 for the First Time

News Breaking

By Alex Dovbnya

Mon, 10/05/2021 - 3:48

Ethereum has hit $4,000 for the first time, expanding its wild rally

BREAKING: Ethereum Rallies Above $4,000 for the First Time

Ethereum, the largest altcoin, has surpassed the $4,000 level for the first time at 3:12 a.m. UTC on the Bitstamp exchange.

Ether is up 463 percent the year-to-date.

Earlier today, CME Group's futures contracts tied to Ethereum triggered a "limit up" halt before opening with a $400 gap.

The Chicago-based futures exchange rolled out the product on Feb. 8 when ETH was trading at $1,750.

Bitcoin remains the laggard

Meanwhile, Bitcoin continues to languish, struggling to hit the $60,000 level. Its market dominance has dropped to just 44.4 percent, according to CoinMarketCap data.

Other top altcoins (save for Dogecoin) are outperforming Bitcoin as well.

#Ethereum News

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BREAKING: Ethereum Rallies Above $4,000 for the First Time

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