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Ethereum Breaks Past $4,000 to Smash Record for Second Week in a Row

May 11, 2021 by Forex Winner Leave a Comment

Ethereum Breaks Past $4,000 to Smash Record for Second Week in a Row

Ethereum passed $4,000 over the weekend to mark another high for the second week in a row, MarketWatch reported.

  • Ether surged to a fresh record high of $4,058.82 on Sunday night, based on Kraken data.
  • The digital coin is now valued to have a market capitalization of $460 billion, after climbing by over 30% in the past week. 
  • Ether topped $3,000 for the first time last week when it hit $3,144.81.
  • deVere Group Chief Executive Officer Nigel Green believes Ether would soon hit $5,000 as he believes that digital currencies are the future of money, and more investors will acknowledge this moving forward.
  • Year-to-date, Ether is up 437% and over 2,000% up in the past year.
  • Ether was trading up to $4,116.38 at 12:14 p.m. GMT on Monday.
  • The biggest digital currency, Bitcoin, was trading at $58,153.13.

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