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The US CNBC reported that Ethereum, the second largest cryptocurrency in transaction volume, exceeded $1700 for the first time in history.
According to CoinDesk on the 6th (local time), at 10:30 am, Ethereum soared 11.2% to $1743 from 24 hours ago. This is the first time that Ethereum has surpassed $1700. Ethereum’s market capitalization (number of coins x price) reached 1937 billion dollars, further solidifying its second place in the market cap.
Ethereum market price for the last 1 month (unit: dollar)
Source: CoinDesk
Bitcoin, the number one virtual currency in the market cap, also rose significantly on the same day, surpassing the 40,000 dollar mark. Bitcoin traded for $45,578, up 6.59% from 24 hours before the same time. It is approaching the record high ($42,000) recorded on the 8th of last month. The Bitcoin market cap was estimated at $733.7 billion.
With both Bitcoin and Ethereum rising, the total market cap of the cryptocurrency market exceeded $1.2 trillion. It is also a record high.
It is an analysis that interest in cryptocurrency, which seemed to have faded as the’random jump court’ continued, is reviving. The industry explains that the’declaration of support for bitcoin’ by Tesla’s CEO Elon Musk also contributed to the mood change. Musk’s CEO has been steadily posting posts on Twitter that reveal his love for cryptocurrency.
Customer deposits at the cryptocurrency exchange Bithumb have increased by more than 200% at the end of last year from a year ago. In January this year, it increased 36% from the end of last year. Another exchange, Upbit’s 24-hour trading value, recorded a record-high 620 trillion won at noon on the 2nd.
Reporter Lim Hyun-woo [email protected]
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