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Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Tnoy30 on October 21, 2021, 10:38:00 AM

Title: Ethereum nears its own all-time high as ETH price retakes $4K
Post by: Tnoy30 on October 21, 2021, 10:38:00 AM

The 30-day correlation between Ether and Bitcoin remains at 0.81 above zero. Ethereum's native token Ether (ETH) is likely to hit its own record high in the short term as ETH has broken above $4,000, a crucial resistance level.

Ethereum breaks $4,000, nearing new all-time high
ETH price rallied on Oct. 20 by over 5% to approach $4,100 on the Coinbase exchange for the first time since May 2021. The cryptocurrency's run-up above $4,000 appeared primarily in the wake of Bitcoin (BTC) breaking above $65,000 to enter price discovery.
Source: Ethereum nears its own all-time high as ETH price retakes $4K

 (https://cointelegraph.com/news/ethereum-nears-its-own-all-time-high-as-eth-price-retakes-4k)