Good News for Ethereum lovers. Ethereum breaks new record by reaching $1000 for the first time in history

in #ethereum7 years ago

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Days after hitting $900, ethereum's native ether token, ether, has topped $1,000 for the first time in its history.
After spending two days mostly below its previous high of $900, ether went on a rally Wednesday, and hit its latest milestone of $1,000 early Thursday morning, according to data from CoinDesk's Ethereum Price Chart.
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Despite the increase, however, it remains as the third largest cryptocurrency by market cap, having recently lost the second place spot to Ripple XRP token . According to data from CoinMarketCap , XRP's lead has grown to more than $40 billion in the last day.
Thursday also saw the overall cryptocurrency market cap jump past $770 billion according to CoinMarketCap , marking new highs just weeks after a correction saw the figure drop to $418 billion .
The largest cryptocurrency by market cap, bitcoin, is down on the day, having dropped from its week's high of $15,393, according to CoinDesk's Bitcoin Price Index. Bitcoin has mostly traded sideways over the last week, with prices staying in the $13,000 to $14,000 range interrupted briefly with a drop to nearly $12,000 on Dec. 30.
Bitcoin's dominance in the cryptocurrency market cap remains just below 33%, having dropped from 43% over the last week, according to CoinMarketCap.
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