Recently ETH got huge price increase. Is there any specific reason for that much of Increase ?
The ETH price vary in every minute so there's no reason why the eth price increases rapidly. We don't know how the price calculated that much. For me, if the altcoin got high demand it will also get the higher price.
Yes the price of it is increasing at a higher speed and seeing this many traders are starting to trade with ethereum and also many investors moved their money to ethereum. I also suggest some of my friends that they have to invest some of their income even in ethereum because I am of the view that it is also possible that the price of ethereum will also increase just like bitcoin and it is also possible that one day we will see the price of ethereum reached to $20000.