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Ethereum Breaks $1,000 For First Time

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Alternative cryptocurrency ethereum broke a fresh record high Thursday.The digital currency broke the $1,000 mark for the first time, edging up to an all-time high of $1,045.08 at about 10:05 a.m. ET, according to data from industry website CoinDesk.It is currently the third-largest cryptocurrency by market value, after being dethroned by another altcoin, Ripple’s XRP, last week. Its market capitalization shot above $100 billion for the first time Thursday, according to Coinmarketcap data.

Source: Ethereum blasts to new high, cracks $1,000 for the first time – CNBC

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Craig Erlam

Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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