Ethereum Surpasses $1,600 for the First Time

Ethereum has soared above $1,600, extending its streak of new all-time highs

Wed, 02/03/2021 - 16:04

Ethereum is still on a roll.

The second-largest cryptocurrency recorded a new all-time high of $1,616 at 4:04 p.m. UTC on the Kraken exchange.

Image by tradingview.com

Ethereum's market cap has now swelled to over $180 billion, chipping away at Bitcoin's dominance.

About the author

Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

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