Today news
About the same in other media
Ethereum Supply Diminishes to a Record Low Amid ETH Breaking the Record at $4,400
Reading now: 628
blockchain.newsCryptocurrencies have enjoyed a rollercoaster ride this quarter as they continue smashing records. Just over a week after Bitcoin hit an all-time high (ATH) of $66,900, Ethereum has followed its footsteps by breakingthe record at the $4,400 level.
On the other hand, SHIB, a Dogecoin-inspired meme cryptocurrency, recently scaledthe heights with a 46% increase in just a couple of days.
Therefore, it shows it is the crypto season as coins continue showcasing their potential.
Ethereum’s record-breaking surge is being attributed to diminished supply and high token circulation. Lucas Outumuro, the head of research at IntoTheBlock, explained:
“ETH price is breaking new highs while a record amount of 16.9K ETH was burnt in the past 24 hours.
Read more on blockchain.newsAbout this in other media
Discord cancels Ethereum-based NFT integration plans amid community backlash ambcrypto.com /2 years ago
Ethereum Foundation Sends USD 95M in ETH to Kraken cryptonews.com /2 years ago
Turkish lira sinks to record lows against the US dollar theguardian.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
