Ethereum (ETH) Has Broken Above $400 for Yet Another Time in August

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Sat, 08/29/2020 - 10:01
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Yuri Molchan
The second biggest cryptocurrency Ethereum has broken above $400 again this month
Ethereum (ETH) Has Broken Above $400 for Yet Another Time in August
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Ethereum has just surpassed the $400 level, according to CoinMarketCap. Data from the same website says that this is yet another time the second biggest currency has exceeded $400 this month.

Some of the previous breakouts took place on August 6, August 14, August 24 and now – August 29. After the first rise above the $400 level, ETH held there for one day.

ETH
Image via CoinMarketCap

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The highest level ETH managed to reach in August has been $444 on August 14.

ETH
Image via TradingView
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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.