Ethereum has updated its all-time high

On the morning of February 18, the price of Ethereum on the Binance crypto exchange updated its historic maximum at around $ 1.9 thousand.Over the past day, the largest altcoin in terms of capitalization has risen in price by 7%, and its market capitalization has reached $ 217 billion.This happened against the background of the rise in the bitcoin rate to $ 52.6 thousand, in a few hours the cost of the cryptocurrency rose by more than $ 2 thousand, writes RBC Crypto.

The rise in Ethereum quotes has led to an increase in the cost of transaction fees on the network. According to bitinfocharts, now this indicator is at about $ 20, while making transactions on decentralized exchanges that operate on the basis of cryptocurrency costs users $ 100 or more.

Earlier, NewsBTC analyst Ayash Jindal predicted that the Ethereum rate could reach $ 2 thousand. There was resistance at the level of $ 1.8 thousand, overcoming which the asset entered a phase of confident growth, the specialist said.

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