3 days ago • Posted by Charles-Henry Monchau

Ethereum hits $3,000 for the first time, now bigger than Bank of America, Home Depot or Disney

In 15 calendar days, Ethereum has gone from sub-$2000 puke to being over $3000. Ether has quadrupled year-to-date. ETH is now at its strongest relative to BTC since Aug 2018. There are multiple catalysts behind Ethereum’s rise: the first is an ongoing surge in activity on the chain; Retail interest in DeFi has also been rising as of late; the looming ETH 2.0 transition to a proof-of-stake consensus model, may be the prime events investors are anticipating. FundStrat's Tom Lee maintains his $10,500 target for Ethereum. Source: www.zerohedge.com 

Ether hits $3,000 for the 1st time