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Ethereum continues its upward trajectory

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Miguel A. Rodriguez
Miguel A. Rodriguez
26 April 2021
The second-largest cryptocurrency in the world by market cap seems to be on a roll, given the recent price increases

According to data from Investing.com, Ethereum reached $2,467.56, having gained 10.20% on the day. This marked the cryptocurrency’s most significant daily gain since March 1.

Overall, Ethereum’s market capitalization hit $283.32 billion, or 14.68% of the overall cryptocurrency market cap. Despite the rally, its market cap is still below its all-time high of $290.29 billion.

Despite its latest gain, Ethereum is still 6.64% down from its all-time high of $2,642.99 reported on April 22.

On the other hand, Bitcoin traded at $52,386.6, up 4.40%. Its market cap was $970.42 billion, or 50.28% of the total cryptocurrencies’ market cap.

Source: investing.com.

This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided. 

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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.