In Brief:
- This Month, Ethereum soar to 40% and marked a new all-time high value of around $4,400
- Crypto experts predicted price escalation after last week Bitcoin’s All-time high value
- Yesterday, Ethereum 2.0 had updated, Altair Beacon Chain with 98.7% nodes
It seems like the second quarter of 2021 is proving a boon for the crypto market as prominent cryptocurrencies are on the upward path. Last week, after the top cryptocurrency, Bitcoin marked all-time high value, now the world’s second-largest cryptocurrency, Ethereum is on new heights with $4,400.
Yesterday, Ethereum shot up to 9.0% and struck its new all-time high value at $4,405.5. However, it did not hold this value for a long time and rallied to $4349.49 at the time of writing.
After the Bitcoin price shot up and marked a new milestone of All-time high value with $66,000, many crypto experts had predicted the price escalation in all the Altcoins. Some analysts are predicting that Ethereum will rise more and cross the $5000 mark in the coming days.
Yesterday, Ethereum 2.0 had started updating the Altair Beacon Chain with 98.7% nodes upgraded at the time. In addition to this, the Ethereum network had now burned around $2.6 billion worth of Ethereum at the rate of 5.31 ETH/ min, which could be one of the reasons behind this price hike.
