Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Tanimariya on April 03, 2021, 01:31:12 PM
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Ether is rallying in the wake of Visa's decision to facilitate crypto-based settlements via the Ethereum blockchain.
Ether (ETH, +4.81%) jumped 5% Friday to a new all-time high as the second-biggest cryptocurrency extended its winning streak to five days.
The cryptocurrency traded as high as $2,097 around 20:41 UTC, according to CoinDesk 20 data, surpassing the previous high of .
The price has rallied 24% this week in the wake of Visa's decision to facilitate crypto-based settlements on the Ethereum blockchain network.
Source Link (https://www.coindesk.com/ether-price-rises-above-2k-for-first-in-six-weeks)
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Now promising types of cryptocurrencies are actively growing in price following bitcoin, which has already grown to $ 64,474. In this regard, ethereum is also growing in price and now its price is $ 2371. Of course, it is likely that other positive events in our material world also affect the ethereum price. However, it is impossible to distinguish how much they affect in price terms.
Visa's aforementioned decision may have also influenced the rise in the price of this coin. There have been a lot of positive factors for ethereum's growth lately, and so far there is only one clear problem - high transaction fees.