Welcome Back Ethereum - Now Trading At Prices Last Seen in 2018!

Ethereum (ETH), managed to cross the psychological barrier of USD 400 this Thursday, after staying above USD 390 for most of the day. Since 16:34 (UTC-4) it exceeded by For the second time in the month at $ 400, Ethereum followed a rapid rise to a local high of $ 433, then fluctuated above $ 420.

The last time the price of ETH was above $ 430 was in early August 2018, amid the decline from its all-time high of $ 1,438, reached on January 13, 2018. At the time of writing In this article, the Ethereum coin registers a price of USD 427, which represents a 223% return since the beginning of the year, according to CoinMarketCap.

Also fueling the Ethereum hype - version 2.0 launch is right around the corner, with the ETH2.0 testnet just went live.

Bitcoin (BTC), which remains in the vicinity of $ 11,700, tried unsuccessfully yesterday to break the resistance at $ 12,000. It rallied to $ 11,845 and then fell back towards levels near $ 11,700.

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Mark Pippen
London Newsroom