CoinDesk Ether prices are up 11 percent so far today, indicating increasing market confidence that ethereum may sail through its next big upgrade.
Not exact matches
But, when
ether reached its new high of $ 18.95, bitcoin was trading at $ 692.80, roughly 2 % below the currency's opening
price of $ 705.62, figures provided by CoinDesk's USD Bitcoin Price Index (BPI) re
price of $ 705.62, figures provided by
CoinDesk's USD Bitcoin
Price Index (BPI) re
Price Index (BPI) reveal.
After spending two days mostly below its previous high of $ 900,
ether went on a rally Wednesday, and hit its latest milestone of $ 1,000 early Thursday morning, according to data from
CoinDesk's Ethereum
Price Chart (EPI).
According to
CoinDesk data, the
price of
ether is trading at $ 588.32, a decline of about 4 percent since the open.
As shown by
CoinDesk's
ether price data, the cryptocurrency's value has fallen since then, and at time of writing is still above $ 700.
Institutional investors are taking a greater interest in
ether as the
price climbs, OTC trading experts have told
CoinDesk.
«
Ether's
price is correcting as the network struggles to handle the volume of transactions due to the ICO craze,» he told
CoinDesk, adding:
Ether's
price benefited greatly near the beginning of the year with the release of Homestead, the first «production version» of the platform, Arthur Hayes, CEO of bitcoin leveraged trading platform BitMEX, told
CoinDesk.
In just two days
ether's value has risen approximately $ 170, from $ 433 on Sunday December 10 to a little over $ 605 on Tuesday December 12, according to
coindesk's crypto exchange
price index.
According to
CoinDesk data, the
price of
ether - the cryptocurrency of the ethereum network - fell to as low as $ 196, with data provider Ethereumprice.org showing the market's weighted average sliding to $ 195.59 during recent trading.
The
price of bitcoin also experienced some volatility over the last few days, a development that has served to further amplify
ether's
price swings, Tim Enneking, chairman of Crypto Currency Fund, told
CoinDesk.
As per
CoinDesk's
price index,
ether (ETH) moved above $ 500 at 12:35 UTC and hit an all - time high of $ 522 soon after.
CoinDesk The
price of
ether hit its lowest point in one month on Monday, falling to $ 275 despite strong gains observed elsewhere in the -LSB-...]
CoinDesk Despite an apparently smooth technical upgrade, the
price of
ether is flat at press time, continuing to trade in the $ 350 range.
CoinDesk The
price of
ether, ethereum's native token, has brushed all - time highs above $ 400 — falling just a dollar short of June's record.