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May 4, 2021
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The main competitor of bitcoin has risen in price at a record


Cryptocurrency Ethereum, considered the main competitor to Bitcoin, has risen in price at a record. This is evidenced by the data of the TradingView service.

At the time of publication, the cost of one Ethereum unit was $ 3328.9. The previous historic maximum was set in January 2021. Then at the peak the cost reached $ 1,440.

In January it was reported that the Ethereum cryptocurrency could rise in price at a record in the future. According to the strategist of the research company Fundstrat Global Advisors David Greider, its value can increase more than seven times – up to 10.5 thousand dollars. Now the expert considers Ethereum to be the best investment in the cryptocurrency environment, but the risk of price declines cannot be ignored.

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Economy
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