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Ethereum price tops $1,300

Ethereum price tops $1,300

On January 10, the price of Ethereum rose above $1,300. According to Messari, at the time of writing the asset was trading about 7.27% below its all-time high.

Hourly ETH/USD chart. Data: TradingView.

On different exchanges, Ethereum’s all-time high varies. Larry Cermak of The Block compiled a list.

The market capitalization of the cryptocurrency market reached $1.128 trillion. The Ethereum dominance index according to CoinGecko rose to 13.4%.

The sharp gains over the past day were also demonstrated by the forks of Bitcoin Cash and Bitcoin SV. Over the past seven days they rose by 74% and 79%, respectively.

The leader of seven-day gains is Stellar (XLM) — 148%. The cryptocurrency rose amid erroneous headlines in some Western media claiming that the Ukrainian government selected this platform to create a central bank digital currency (CBDC). The claim was not true — we explained this in detail here.

Back on January 8, the price of Bitcoin surpassed $41,000.

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