Ethereum price exceeded $1.9K

Ethereum price exceeded $1.9K

Ethereum News, News

Ethereum, the second largest cryptocurrency, recorded its latest 2023 high of $1,921 on April 05.

The Shanghai Upgrade, scheduled for April 12, 2023, further implements the key Ethereum Improvement Proposal (EIP)-4895 and several others. The rise in the price of bitcoin since last night could also be another reason for the rise in ETH, as the price of the ETH/BTC pair increased by 1.76% to 0.6724 satoshis. Market capitalization reached $230.3 billion.

Ethereum price exceeded $1.9K
Source: Coinmarketcap

ETH price climbed above the 400-day simple moving average on the daily price chart and is attempting to propel the asset further up the ascending parallel channel to record another higher peak.

Compiled by Coinbold

BTC, ETH, USDT