Rising Again, Ethereum Price Reaches 4,000 US Dollars

JAKARTA – The price of Ethereum (ETH) continues to skyrocket. Now it has managed to break the level of 4,000 U.S. dollars.

This figure is higher by 1,000 US dollars than the close of trading the previous day. In fact, it has not been even a week since Ethereum skyrocketed to the price of 3,000 US dollars.

According to CryptoPotato's report, Ethereum is up more than 400 percent from the beginning of last year. This is an impressive performance from ETH. Considering ETH at the beginning of 2021 then below 800 US dollars per coin.

After breaking the previous all-time high of 3,000 US dollars, ETH again set another record with its all time high at 4,000 US dollars. That means that the cryptocurrency created by Vitalik Buterin has increased by 33 percent in just a few days.

Despite a rise of more than 400 percent, observers predict ethereum's rise will continue. Billionaire and owner of the Dallas Mavericks basketball team predicts ETH prices will continue to skyrocket even higher.

According to CoinMarketCap, the price of Ethereum experienced its highest increase since 3 years ago due to the dominance of the ETH market which skyrocketed almost 19 percent.

Meanwhile AssetDash announced that Ethereum has entered the ranks of the 20 largest assets today. Its position is below Bitcoin. When compared to giant U.S. companies, Ethereum's market capitalization is higher than Johnson & Johnson, Nvidia, Walmart, Bank of America, Mastercard, PayPal and more.