Ethereum has renewed its all-time high – the price approached $4,500

On October 29, in the afternoon, the Ethereum cryptocurrency hit its all-time high. Its cost reached $ 4,453.88.

Ethereum is the second largest digital currency in the world by market capitalization ($ 521.84 billion). Its share is already about 19%. For the first time in history, the course broke through the $ 4,400 mark, updating the record that was set back on May 12, 2021 ($ 4,380).

Recall that at the end of the summer, the London update completely changed the mechanism for calculating commissions for completed transactions. In this regard, a sharp drop in the rate of the cryptocurrency was expected. However, compared to September, Ethereum has risen in price by more than one and a half times (+ 60%).

At the time of this writing, the cost of one Ether coin is $ 4,418.65. This is 4.73% more than 24 hours ago and 12% more than a week ago.

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Alexandr Ivanov earned his Licentiate Engineer in Systems and Computer Engineering from the Free International University of Moldova. Since 2013, Alexandr has been working as a freelance web programmer.
Function: Web Developer and Editor
Alexandr Ivanov

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