Ethereum price breaks through $2,000

In the early hours of July 14, Ethereum, the second-largest cryptocurrency by market capitalization, rose above $2,000 for the first time since May.

14 July 2023 | 14:00Update:

Ethereum price pulled back to around $1,990. In the last hour the asset fell 0.4%, over the past 24 hours it was up 5.7%.

As of this writing, Ethereum trades at around $2,008. Over the past 24 hours its rise stood at 7.5%, according to CoinGecko.

Bitcoin rose 3.5% over the last 24 hours, breaking the $31,000 level. The current price is $31,382.

Assets in the top-10 by market capitalization moved into the green zone. The biggest gains over the last 24 hours were XRP (66.9%), Cardano (25.4%), and Solana (32.6%).

13 июля суд Южного округа Нью-Йорка вынес решение по делу SEC против Ripple, согласно которому программные продажи и прочие распределения токена XRP не представляют собой предложение и реализацию инвестиционных контрактов.

Однако реализация монет крупным игрокам индустрии нарушала законы США о ценных бумагах, посчитала судья Аналиса Торрес.

Earlier in the case, the court unsealed documents related to former SEC official William Hinman’s 2018 remarks.

In his 2018 remarks, the former director of the SEC’s Division of Corporate Finance stated that Bitcoin and Ethereum are not securities for certain reasons.