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Ethereum Hits ATH of $1,500

Ethereum All time high

Bitcoin’s little brother, Ethereum, has finally touched the US$1,500 level before retreating as fast as a hand which touched a hot kettle.

Its market cap has exceeded US$165 billion. Much of the trading volume is driven out of Binance, the largest centralized cryptocurrency exchange, on the most popular pair ETH/USDT.

It seems ever since Grayscale announced the resumption of private placement for its Ethereum Trust, the second cryptocurrency by market value has been on a tear.

The crypto world waits in anticipation as well for next week’s launch of CME Ether Futures on February 8.

[ Read more: Top Five Reasons Ethereum May Hit US$5,000 by 2022 ]


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