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Ethereum Achieved a New Milestone of $3,000

Ether Hits New All time High of $3,000 on 3rd May 2021

After closing one more green monthly candle in April, the world's second largest cryptocurrency looks unstoppable and made a new all time high of $3,000 in the first week of new month on 3rd May 2021. Ether made six consecutive green monthly candles and at the time of writing it is trading at $3020.

Ethereum market cap hits $350 billion, surpassing big companies like Bank of America, Nestle, P&G etc ranked 27th on the world's total assets market cap with the total crypto market cap share of around $15.4%.

Source - companiesmarketcap

In 2021, Ethereum has given more returns than Bitcoin. Many factors contributed to this really but few major factors played the key role. One of the important reasons is the launch of ETH 2.0 and recently European Investment Bank launching a "digital bond" sale using the Ethereum network. Short supply on crypto exchanges and increasing institutions interest also moving the ether price up. #Ethereum #ETH #ATH


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