If the price of Bitcoin is relatively stable, that of Ethereum is in great shape! The price of Ethereum has just broken a new record Wednesday, November 3, 2021! Now Ethereum’s new ATH is € 4,016! Given the current dynamics of ETH, this ATH should not last long!
Most analysts agreed that the end of 2021 would be bullish on the crypto front! They weren’t wrong! Thus, on October 20, 2021, Bitcoin reached a new ATH with a price of € 57,620. Since then, cryptos like Solana, Polkadot or Shiba Inu have also exploded. The last important fact comes to us from Ethereum! The price of ETH has indeed just reached a new ATH!
Ethereum breaks a new record with a price of 4,016 €!
Ethereum established a new ATH on November 3, 2021 with a price of € 4,016. This crowns the excellent momentum of Ethereum in recent weeks. In fact, Ethereum ATHs just follow one another ! Without going too far back, you should know that a recent ETH of Ethereum was reached on October 29, 2021 with a price of € 3,853. This course was beaten on November 2 and finally was beaten again on November 3. ETH’s ATH was therefore pushed back 3 times in less than a week!
At the time of writing this article, the price of Ethereum has come down somewhat. The ETH price is currently € 3,960, stable over the last 24 hours. On the other hand, the price of ETH is in net increase of more than 13% over the last 7 days.
Ethereum’s success stems in particular from its leadership in the field of DeFi and decentralized applications (DApps). Moreover, recently, billionaire Mark Cuban indicated “prefer” Ethereum to Bitcoin. For him, Ethereum and its applications would change “business and the world of consumers forever”.
Ethereum price 2022 predictions
Like Mark Cuban, many people are raving about the future of Ethereum. The Ethereum price projections for 2022 are all more positive than the others. Thus, some analysts believe that the price of Ethereum could reach around $ 20,000.
Even more institutional investors are bullish about the price of Ethereum. For example, very recently, the CEO of Goldman Sachs (just that!) Spoke about Ethereum! For him, it is therefore possible that the price of Ethereum will reach $ 8,000 in December 2021! In particular, he bases his analysis on the current increase in inflation.
Everything suggests that Ethereum has not finished breaking records! So when is Ethereum’s new ATH? Place your bets …
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