Ethereum has renewed its all-time high - the price approached $ 4,500

On October 29, in the afternoon, the Ethereum cryptocurrency updated its all-time high. Its value has reached

marks $4,453.88.

Ethereum is the second digital currency in the world bymarket capitalization ($521.84 billion). Its share is already about 19%. The rate broke the $4,400 mark for the first time in history, updating the record that was set back on May 12, 2021 ($4,380).

As a reminder, at the end of the summer London updatecompletely changed the mechanism for calculating commissions for completed transactions. In this regard, a sharp drop in the rate of the cryptocurrency was expected. However, compared to September, Ethereum has risen in price by more than one and a half times (+ 60%).

At the time of writing, the cost of one “ether” coin is $4,418.65. This is 4.73% more than 24 hours ago and 12% more than a week ago.

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