A new record for the cost of Ethereum

21.10.2021

During trading on Thursday, October 21, the value of Ethereum, the second largest cryptocurrency in the world, set a record. At its peak, the price reached $4375 per coin, as follows from the trading data.

As of 18:00, the price corrected to $4,128, an increase since the beginning of the day is 1.5 percent.

Ethereum rose after bitcoin, which exceeded $66.1 thousand for the first time on the eve. The reason for this growth was the launch of the first US exchange-traded fund for bitcoin futures, Bitcoin Strategy, on the New York Stock Exchange. On Friday, October 22, the Valkyrie Bitcoin Strategy Fund is expected to be launched on the NASDAQ exchange.