ETH breaks all-time high amid fresh price surge

ETH breaks all-time high amid fresh price surge


Ethereum, crypto’s second largest asset by market cap, has broken its previous all-time price high near $2,041 , set on February 19, 2021.

Ethereum (ETH) hit a record price high of approximately $2,081 today, according to TradingView data. ETH trades near $2,067 at time of publication.

Since its February high, ETH has corrected twice on its daily chart, posting a higher low on the second correction. In the days after its $2,041 summit, the asset dropped down to about $1,293. ETH recovered up to about $1,943 by March 13 before falling back down near $1,546 in subsequent days.

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Since the drop down near $1,546, ETH has posted four consecutive green daily candles. Today will be the fifth, if it closes green.

CoinMarketCap lists ETH as the second largest asset by market cap currently. Holding a market cap near $239 billion at time of publication, ETH sits comfortably in second place above Binance Coin (BNB), but a long way from Bitcoin’s (BTC) $1.1

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