Ethereum Enters The USD 3,000 Era

The native token of the most popular smart contract platform, Ethereum (ETH), just surpassed the USD 3,000 level for the first time in its history.

At 03:20 UTC, ETH trades at USD 3,038 and is up by 3% in a day and 32% in a week. The price is now up by 1,320% in a year.

ETH is the second-best performer among the top 10 largest crypto-assets by market capitalization today, only after Uniswap (UNI) that is up by 11%, trading at more than USD 44.

Meanwhile, the most popular cryptocurrency, bitcoin (BTC), increased by 1% in a day and 19% in a week, reaching USD 58,105.

“Ethereum is rising and not much seems to be in its way,” Edward Moya, a senior market analyst at Oanda Corp.per Bloomberg, wrote in a note Friday, adding that other tokens were also seeing “fresh interest.” Also, Evercore ISI strategist Rich Ross has set a target of USD 3,900 for the token, the report added.

bitcoin
Bitcoin (BTC) $ 61,522.00 3.04%
ethereum
Ethereum (ETH) $ 4,033.24 3.31%
binance-coin
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