Ethereum price spikes to a 3-month high above $4,000

Ether (ETH) returned to $4,000 on Sept. 3 for the first time since May as a solid week of gains culminated in a major price milestone.

Against month-to-date gains of $600, the pair reclaimed the historic level it had lost in the dramatic trend reversal that rocked the cryptocurrency market roughly three months ago.

In so doing, Ether broke out of its three-month trading zone, with $4,025 just $350 away from all-time highs.

ETH/USD 1-day candle chart (Bitstamp). Source: TradingView

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