Ether Sets New All-Time High Over $2,000 as Bull Run Continues

Coindesk | Feb 20, 2021 at 5:08 AM
  • Ether has surged past $2,000 as the native cryptocurrency of the Ethereum blockchain continues its year-long bull run.
  • According to the CoinDesk 20,ether hit a new record of $2,033.08, up 6.18% in the last 24 hours.
  • At least three growing areas of demand are fueling the increase in ether’s price: decentralized finance (DeFi), Ethereum 2.0 staking and a newly formed institutionally focused ether market on the Chicago Mercantile Exchange (CME).