Ethereum, the popular currency of the crypto money world, made a rapid start by surpassing $ 2,500 in the first hours of April 16, 2021. It started to decline in the following hours.
Ethereum, the second most popular cryptocurrency, made a quick introduction to the first hours of the day. With the Berlin hard fork, Ethereum also took off and reached an all-time high. In the following hours, it fell again to the level of $ 2,400.
With some major issues resolved in the network, Ethereum has refreshed its own record, rising to $ 2,500 for the first time in history. Ethereum reached the level of $ 2,000 for the first time in its history about 2 months ago. Famous analyst Lark Davis commented in light of the latest developments
“While it’s great to see Ethereum at these levels, it still lags behind Bitcoin, which tripled its previous value. In my opinion, it’s priced well below its value.”
This late increase may have been due to Rotshchild Investment’s decision to invest $ 4.75 million in Ethereum through the Grayscale fund. Ethereum, which recently recorded an all-time high of $ 2,547, was trading at $ 2,410 as of the time of our report.