Ether is flying to the moon? Here’s what’s fueling the ETH rocket

From cointelegraph.com

Ether hit its all-time high again on Feb. 2, reaching the psychological mark of $1,500. Since then, its price has remained above this level and is currently sitting at around the $1,700 mark. Along with Bitcoin (BTC) and other cryptocurrencies, Ether (ETH) has seen outstanding price action since the start of 2021, having surged by 10.46% in a month. While Bitcoin has also been seeing positive price action, it is shy of its previous all-time high of $41,941 reached on Jan. 8. Ether volumes have been on the rise. According to market data provider CryptoCompare, spot volumes reached their all-time high on Jan. 11, with ... (full story)