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Ethereum Breaks Through $400 and Reaches All Time High

November 24, 2017, 1:11 pm

Ethereum has broken through a psychologically important threshold of $400, establishing a new all-time high and it hovers around $420 at press time. Despite some market stagnation which is caused by the news of the $280 mln Parity wallet hack in early November, the second-most-popular cryptocurrency looks stronger than ever.

Ethereum has broken through a psychologically important threshold of $400, establishing a new all-time high and it hovers around $420 at press time. Despite some market stagnation which is caused by the news of the $280 mln Parity wallet hack in early November, the second-most-popular cryptocurrency looks stronger than ever.

Ethereum Breaks Through $400 and Reaches All Time High

                      Ethereum has had positive news of its own, like the announcement of the first-ever regulated bond based on the coin. The last time the price has reached a similar height was in June 2017, when Ethereum which hit the previous all-time high of about $407. The renewal of the $400 mark was predicted this August by Ronnie Moas, an analyst famous for his often correct forecasts of cryptocurrency prices.

Ethereum Breaks Through $400 and Reaches All Time High