Ether has shot up - the price at the level of over 1000 USD

Bitcoin's price has already pierced the level as high as $33,000. It was followed by Ether in the end. Today, with the cryptocurrency [...] https://www.pinterest.com/pin/1085437947660215829/

Bitcoin's price has already pierced the level as high as $33,000. It was followed by Ether in the end. Today, Ethereum cryptocurrency is already being paid over $1,100. Ether runs after BTC For the past few days, Ether has been growing on the chart, but more slowly than Bitcoin. Today, things look different. BTC is about 2 percent cheaper than yesterday and 22 percent more expensive compared to its price a week ago. For ETH, on the other hand, you now have to pay as much as 38 percent more than 24 hours ago and 56 percent more than 7 days ago. Where did the Ether price shoot up from? The market seems to have decided that the cryptocurrency is already cheap enough compared to Bitcoin. On top of that, ETH-based futures contracts will appear on the CME platform market as early as the beginning of February. This is an important step in the process of institutional adoption of digital currency. A new bull market for Bitcoin? In the background, however, we also see growing interest in Bitcoin among institutional investors. The year 2020 was a landmark year for the cryptocurrency. Not only did BTC strengthen during the coronavirus pandemic (and despite the March meltdown), but it also rose in price almost overnight and generated new ATHs. This shows the growing confidence it enjoys in the eyes of institutional investors. There has also been a boom in BTC among institutions this year. Many companies started investing their reserve funds in cryptocurrencies. It all started with MicroStrategy, but Michael Saylor's company was followed by such giants as Square, Guggenheim Partners, and Ruffer Investments. PayPal, which introduced cryptocurrency services for its customers in the U.S., also certainly made a contribution. You can always check the current exchange rate of bitcoin and other cryptocurrencies in the tabs: bitcoin exchange rate and cryptocurrencies exchange rate on the website bitcoin.pl. Places where you can buy BTC and other coins include BitBay.net cryptocurrency exchange. If you don't have an account on BitBay yet, this article will show you how you can create one efficiently: LINK. Tags ETH Ethereum eth exchange rate