At the time of writing, Ethereum can be bought for $3182.Over the past day, the coin has grown by more than
Investors note that the growth is due to activity in the NFT (non-fungible tokens) market.In addition, the European Investment Bank (EIB) issued the first-ever digital bond worth $120 million using a public blockchain.
The launch of exchange-traded funds in Canada, as well as the growing demand for wallets for token transactions, have also raised the price of the cryptocurrency.
Iran Allowed to Use Bitcoin to Buy Foreign Goods
Ethereum has established itself as an efficient digital currency among traders. For example, when selling NFT, non-fungible tokens, most platforms use Ethereum.
Investors also note growing interest in Ethereumand Bitcoin. The end of 2020 prompted many companies to use them as an official means of payment. Coinbase's IPO is also one of the reasons for their increasing popularity.
Meanwhile, several countries, such as China and the UK, have expressed interest in creating their digital currency. The authorities noted that cryptocurrency is considered an "investment alternative."
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