Ether Broke an all-time High of $2.560

by in Cryptocurrency News

Ethereum $2560

Today the price of Ether set a new record high surpassing $2.560. It's the first time that the cryptocurrency has gone above $2.500.

Related: BTC Dominance at 50% For the First Time in 3 Years

Recently the token's options market surpassed 3.3 billion, which indicates the growing demand for Eth investments. The biggest altcoin's market cap crossed $298 billion.

On April 20 the world's first Ethereum ETFs from Purpose Investments, Evolve ETFs, and CI Global Asset Management were launched on Toronto’s stock exchange (TSX).

Earlier, the Berlin upgrade went live on Ethereum. It aims to solve issues of high fees and make the transaction process easier. Ethereum's next upgrade London is planned to take place in July or August. Its purpose is to move to a fixed-per-block network fee system.

On the other hand, Bitcoin is below its previous all-time high of $63.000 reached on April 13.
The coin's dominance index has seen a major decline. For the first time in three years, this indicator fell under 50% and presently stands at 49.9%.