Ether made History - Hits $1600 for the First Time Ever

A new normal for Ethereum to hit all time high

After making new bench mark yesterday of $1500, Ether price made a new all time high of $1600 on Wednesday 3rd February 2021. World's second largest cryptocurrency made history by making a new all time high of $1600 on many stable coins pairs like USDT, BUSD etc.

In 2021, Ethereum has given more returns than Bitcoin. Many factor contributed in this really but few major factors playing the key role. One of the important reason is the launch of ETH 2.0 phase 0 and CME Ethereum futures launch on 8th February. Short supply on crypto exchanges and increasing institutions interest also moving the ether price up. #Ethereum #ETH