Ethereum Hits $2,250, Marking a 1.5-Year High

From fxdailyreport.com

Ethereum, the second-largest cryptocurrency, reached $2,250 today. The value of Ethereum reached this after 1.5 years. A jump in open interest and long holdings coincides with Ethereum’s price increase, suggesting FOMO. While price hikes may continue, traders are pursuing risky leveraged bets out of greed. Ethereum has the highest network fee as well currently standing at over 65 million. Bitcoin and Ethereum have surged dramatically in recent weeks, supporting cryptocurrency. Bitcoin has just crossed $42k mark. This fast surge has lifted them to levels not seen since May last year. The cryptocurrency market is ... (full story)