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Ethereum Explodes 21% In Just One Day To Secure A New All-Time High Past $1,470 – And Analysts Expect It To Double In The Next Two Weeks

The price of Ethereum set a new all-time high, exploding by as much as 21% in 24 hours to trade above $1,470 on Monday.

The price hit $1,473, topping its previous record of $1,439 set last week, before settling around $1,396 in early European trading.

The record high came on the seven-year anniversary of the day that Vitalik Buterin, a Russian-Canadian best known for being Ethereum’s main developer, announced the cryptocurrency’s launch on a bitcoin forum in 2014.

The world’s second-largest cryptocurrency, with a market cap of $160 billion, has risen on 90% a year-to-date basis, outpacing bitcoin’s 10% rise. Read more…..

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