Ether finally broke the psychological line of $ 3,000. At the time of writing these words, 1 ETH costs $ 3089.
Ether rate at $ 3,000
It happened what all Ethereum investors had been waiting for. ETH broke the USD 3,000 level. At this point, 1 ETH costs $ 3089, or 6.18 percent. more than yesterday and approx. 25 percent. more than 7 days ago.
How is Bitcoin doing? 1 BTC costs $ 58,000, which is only 2 percent. more than 24 hours ago and approx. 10 percent. more than a week earlier.
ETH a leader in growth
As for the last 24 hours, Ether actually remains the leader of gains (at least when it comes to leading altcoins). In terms of the jump in the rate, only Uniswap surpassed him, which went up by nearly 11 percent.
Does the jump in the ETH price and breaking the USD 3,000 barrier mean that the altcoin season has started for good?
Analyst Michael van de Poppe has long hoped for a boom in this top alta. Now he stated on Twitter that seeing 1 ETH cost more than $ 3,000, he feels great.
In his opinion, however, this is just the beginning of the ETH price rally.
#Ethereum is getting ready for $ 3,000 and we’re still just starting.
And I do remember the people who called $ ETH dead.
– Michaël van de Poppe (@CryptoMichNL) May 2, 2021
Earlier, he had suggested that Ether would rise to over $ 10,000 in this cycle. Even ATH of $ 17,500 is possible.
In turn, a well-known trader and CryptoCobain analyst recently shared his thoughts on the potential threat that Ethereum (ETH) poses to Bitcoin (BTC).
– I think a distraction [od BTC na rzecz ETH] it is inevitable now, but I think it will be temporary – he said and added that the peak on the ETH chart will take place after Bitcoin reaches its peak.
The question now is: is the BTC peak behind us and the last phase of the bubble, the altcoin season, has just begun?
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