Ethereum’s native cryptocurrency – ether (ETH) – moved up with bitcoin (BTC) to reach a new all-time high above $4,850 on 10 November. However, at the time of writing (13 November), the coin slipped lower to trade at $4,635.
Cryptocurrency markets have soared this year, driven by rising institutional interest in bitcoin, as well as the emergence of decentralised finance (DeFi) and non-fungible tokens (NFTs) running on the Ethereum blockchain. The ETH price has also found support as a
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