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Ethereum clears $3,100 for the first time since May

Ethereum clears $3,100 for the first time since May

For the first time since May decline, the price of Ethereum rose to $3,090. The asset’s market capitalization surpassed $355 billion, according to CoinGecko.

ETH/USDT chart on Binance. Data: TradingView.

At the time of writing, the second-largest cryptocurrency by market capitalization was trading at around $3,060.

Update:

The price of Ethereum rose above $3,150.

BTC/USDT chart on Binance. Data: TradingView.

Bitcoin’s price approached $44,000. At the time of writing, digital gold was trading at $43,500. The market capitalization of the leading cryptocurrency stood at $816 billion, according to CoinGecko.

BTC/USDT chart on Binance. Data: TradingView.
Update:

Bitcoin’s price rose above $44,500.

BTC/USDT chart on Binance. Data: TradingView.

At the time of writing, the total capitalization of the cryptocurrency market stood at $1.85 trillion, according to CoinGecko.

As a reminder, on August 5, in the Ethereum mainnet at block #12,965,000 the London hard fork occurred.

The day before, Joseph Lubin, head of ConsenSys and co-founder of the second-largest cryptocurrency, stated, that the digital asset would become ‘the economy of the next generation’ and be orders of magnitude larger than ‘a narrow monetary system’.

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