128 days ago • Posted by Charles-Henry Monchau

Ethereum tops $1,100, outpacing Bitcoin

Less than 10 hours after breaking above $800, and just one hours after surging beyond $1000 mark for the first time since Feb 2018, Ethereum is now trading above $1,100. The recent scream higher in ETH has erased all of the last three weeks' relative outperformance of Bitcoin. Ethereum has another major catalyst on the horizon as the CME futures exchange plans to launch ETH futures in February. Considering the high level of institutional demand for Bitcoin since the first quarter of 2020, the demand could also boost Ether upon the listing - source: www.investing.com

Ethereum (ETH) chart