On Wednesday, November 3, the price of the second-largest cryptocurrency reached $4,639, setting a new all-time high.
As of writing, Ethereum was trading at around $4,560. The asset’s market capitalization reached $537 billion, according to CoinGecko.
On November 2, the price tested the $4500 level shortly after an announcement by CME about the launch of micro-futures on the basis of the second-largest cryptocurrency.
Earlier in October, Ethereum outpaced Bitcoin in price growth with a figure of 42.9% versus 39.9% respectively.
Earlier, Goldman Sachs envisaged the price could reach $8000 by the end of 2021.
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