Quote from: Review Master on January 04, 2021, 08:23:24 AM

Quote from: ARNishad_45 on January 04, 2021, 03:31:25 AM

Eth has crossed 1000$ last night, could we expext that we will see a new ATH within 3-4weeks??

To be honest, eth won't take that much time to break the previous ATH if this parabolic movement is going on. Eth already pumped almost 2x from the launch of ETH 2.0. BTW, according to coingecko, previous ATH of eth was on 13 January 2018 and we might see new ATH before 13 January 2021.

Bitcoin still dominates almost all types of cryptocurrencies due to its high level of capitalization, now over 68 percent. Therefore, the ethereum price is still dependent on the bitcoin price. When bitcoin rose in price, the price of ethereum also rose more than $ 1,300 and there was not much left to its previous price record. However, last night the price of bitcoin began to fall, and with it the price of ethereum fell. Now the price of this coin is at $ 1,100. For ethereum to surpass its previous price record, we seem to have to wait for the cryptocurrency market to continue bullish growth.