On January 6, the Ethereum rate on the Binance crypto exchange updated its maximum since February 2018 at $ 1166. As of 15:25 Moscow time, the cryptocurrency costs $ 1147, over the past day it has risen in price by 11%, since the beginning of 2021 – by 63%, writes RBC Crypto.
In mid-March, the rate of the largest altcoin by capitalization fell to a local minimum of $ 86. In 10 months, the value of the asset has risen by 1256%. Ethereum’s all-time high was set three years ago, on January 10, 2018, at $ 1,440. Until this indicator is updated, cryptocurrency remains in price by another 23.5%.
Among the main factors behind the growth in the value of the coin is the launch of the zero phase of the second version of Ethereum 2.0. It took place on December 1, and the update will replace the mining function with staking. This means that ETH holders will be able to passively increase their coin supply.
Also in late 2020, the Chicago Mercantile Exchange (CME) announced the addition of Ethereum futures. The new product will be launched on February 8, 2021, now it is awaiting the assessment of the financial regulator. In 2017, the exchange added Bitcoin contracts.
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