Ethereum trader who bought at $3,000 just hit $4,885 ATH - here's why institutions are following
Key Points
- Ethereum reached a new all-time high of $4,885, propelled by...
Ethereum just pulled off what every trader dreams about - hitting a new all-time high of $4,885 on August 23rd, leaving its 2021 peak of $4,868 in the dust like last year's investment thesis. That's a cool 15% jump in a single day, which in crypto time is basically a leisurely stroll to the bank.
While your neighbor is still trying to explain Bitcoin at barbecues, smart money has been quietly loading up on ETH. The party started when the GENIUS Act rolled into town, demanding that stablecoin issuers actually back their tokens with real assets (revolutionary concept, right?). Apparently, havin...
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