The price of the second-largest cryptocurrency by market capitalization hit a new all-time high above $1700.
On Bitstamp, Ethereum quotes neared $1765.
ETH/USD hourly chart on Bitstamp. Data: TradigView.
The price on February 2 broke through the $1500 level, and just 24 hours later surpassed the new round milestone.
In the last 7 days, Ethereum prices have risen more than 29% (per CoinGecko).
Data: CoinGecko.
Among the top ten cryptocurrencies by market capitalization, the largest gains during the period were shown by XRP from Ripple — 70%. New price highs were recorded by Cardano (ADA) and Binance Coin (BNB).
The total cryptocurrency market capitalization approached $1.2 trillion, updating the records set today. The Bitcoin dominance index fell below 60%.
Against the backdrop of new highs, Ethereum miners earned a record hourly revenue of $3.5 million, according to Glassnode.
#Ethereum miners earned $3.5M (!) in a single hour – the highest hourly revenue to date.
Chart 👉 https://t.co/MYE72aEpgU pic.twitter.com/HHdWnMaEtK
— glassnode (@glassnode) February 5, 2021
Earlier, on February 8, 2021, CME began trading Ethereum futures.
Follow Forklog news on Facebook!