Ethereum Sees New High In Last Ten Months As Bitcoin Tops $11,000 Briefly

    The cryptocurrency space has been expanding during the last few months. Bitcoin was able to reach $11,100 and Ethereum reached its highest price in over 10 months. This shows that there is a very positive sentiment in the market and that virtual currencies continue attracting investors.

    • Ethereum reaches a new high in more than 10 months
    • Bitcoin continues growing and it surpassed $11,100

    Ethereum (ETH), the second largest digital currency in the market, has reached a new high in more than ten months after surpassing $310. The price increase experienced by Ethereum is also closely related to Bitcoin surpassing $11,100 a few hours ago.

    Ethereum Follows Bitcoin Trend

    As Bitcoin reaches new highs in more than a year, Ethereum is also moving upwards. The digital currency has surpassed $314, hitting a 10 months high. In just a week, the virtual currency has just gained over 16.2% in value. According to CoinMarketCap, Ethereum has a market capitalization of over $33 billion.

    Meanwhile, XRP has also started to move after some time in which it seemed lagging behind the top 2 digital assets. XRP is currently the second fastest growing digital asset among the top ten. In the last 24 hours, the digital currency expanded almost 9%, following the whole positive trend in the market. Currently, CoinMarketCap shows that XRP has a price per coin of $0.47882.

    Bitcoin has registered impressive gains in the last few weeks. As many investors were expecting, Bitcoin surpassed $10,000 and went on growing surpassing $11,100, the highest value since March 2018. As the market continues growing, new users and investors keep entering the space and placing their funds in the most popular and largest virtual currencies in the market.

    Currently, Bitcoin fell to $10,800, Ethereum to $307 and XRP to $0.47. In the medium and long-term, analysts remain bullish about virtual currencies in the market.

    Ethereum (ETH) Live Price

    1 ETH/USD =$143.3724 change ~ -0.78%

    Coin Market Cap

    $15.83 Billion

    24 Hour Volume

    $2.2 Billion

    24 Hour VWAP


    24 Hour Change


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    Carl T
    Carl T
    Carl is a legend in cryptocurrency space for his long-storied experience, history and insights. He is a digital nomad who fell in love with bitcoin and its offspring for many years now and prides himself on delivering quality perspectives in the emerging world of crypto-assets and blockchain technology.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

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