On Tuesday, January 19, Ethereum, the second-largest cryptocurrency by market cap, surpassed the $1,400 mark, setting a new all-time high (on Bitstamp).
Update: Ethereum rose to $1,435.
Data: TradingView.
Ethereum hit the $1,300 level on January 10.
Historical all-time price records for Ethereum from January 2018 vary across exchanges. The Block analyst Larry Cermak compiled a list for major platforms.
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All-time high of Ethereum on different exchanges:
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• Kraken — $1,595
\n• Binance — $1,440
\n• Bitfinex — $1,424
\n• Poloniex — $1,424
\n• Bittrex — $1,423
\n• Huobi — $1,422
\n• Coinbase — $1,420
\n• Bitstamp — $1,420
\n• Gemini — $1,420\n
I think $1,420 has a nice ring to it 🌿
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— Larry Cermak (@lawmaster) January 10, 2021
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Analysts at Skew say the new all-time high is already within sight.
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Ether all-time-high in sight pic.twitter.com/J7ntzL6F6e
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— skew (@skewdotcom) January 19, 2021
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According to CoinGecko, the cryptocurrency price at the time of writing stands at 3.8% below the service’s all-time high — $1,448.18.
Data: CoinGecko.
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The autumn rally in Ethereum has driven up demand for mining hardware. Since the end of 2020, the price of video cards, on average, has risen by $100. According to some media reports, there is already a shortage of certain models on the market.
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Nvidia has already announced a possible resumption of GPU production for mining.
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