Eth Price Reaches New Highs

by in Cryptocurrency News

Ethereum above $2080

The price of Ethereum (ETH), the second largest cryptocurrency by market cap reached a new all time high of $2.150. The previous high of $2.050 was set on February 20. Since then it's the second time Eth has surpassed $2.000.

Related: Filecoin Now Is Among the Top 10 Tokens by Market Cap

Ethereum is the most popular cryptocurrency investment choice after Bitcoin. The sum of assets under management in Grayscale Ethereum Trust crossed $6.13 billion. Lately, American billionaire businessman Mark Cuban talked about blockchain technology, cryptocurrencies, DeFi, and more in terms of "The Delphi Podcast". He compared blockchain to the primary stage of the internet.

Cuban disclosed 60% of his crypto investments are in Bitcoin, 30% in Eth, and the other 10% in other assets. The entrepreneur mentioned he has believed in BTC since the very start of the coin's creation and that smart contracts are the innovation that was a turning point in the industry.

Cuban finds that developers will manage to improve Ethereum's functions further. So he holds a large of his capital in the token.