Ethereum Rises to $2,846 All-Time High as Rally Continues

Yuri Molchan

The second largest cryptocurrency has printed a new all-time high

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Sat, 1/05/2021 - 5:06

Ethereum Rises to $2,846 All-Time High as Rally Continues

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An hour ago, the native coin of the Ethereum blockchain rose to a new all-time high, surging to the $2,846 level on the Binance exchange.

7072_02344_0 — *Image via CoinMarketCap*

Ethereum’s rally continues as more and more financial institutions are turning their attention towards ETH.

Ethereum Will Be Next Big Focus of Large Institutions and Corporations: Weiss Crypto

Besides, earlier this week, the currency already reached a peak price of $2,683 as the European Investment Bank announced its intention to launch 2-year bonds on the second biggest blockchain platform presented to the world by Vitalik Buterin, Charles Hoskinson and other co-founders.

At the time of writing, ETH is changing hands at $2,843 per coin.

#Ethereum News

About the author

Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He 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.