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Cryptocurrency Ethereum has grown significantly for the first time since November 2022

11:12 am, January 12, 2023

The price of the main altcoin has reached its highest level in more than 2 months. Over the past day, ETH $2,868.10 Bridged Ether (StarkGate) 7.27% Market capitalization $0.23 billion VOL. 24 hours $2.03 billion has outperformed bitcoin, rising by 4.7%.

At the same time, the flagship cryptocurrency rose by 3.9% BTC $76,602.70 Bitcoin 2.04% Market capitalization $1.52 trillion VOL. 24 hours $3.63 billion . According to analysts, ethereum is currently trading at its highest price since it fell by 26% in November.

According to Santiment, an online analytics platform, over the past two months, large investors have become much more active in buying ETH. Crypto sharks have been particularly active, with wallets holding between 100 and 10,000 ETH. «The 48,556 shark addresses are the highest level recorded since February 2021,» Santiment said in its report.

It is worth noting that according to artificial intelligence forecasts, by the end of this month, ETH will be trading for $ 1315, but the digital asset has already surpassed this mark. Despite the fall in cryptocurrencies after the FTX exchange collapse, the value of ethereum has been much more stable compared to other digital assets.

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BTC

$76,602.70

2.04%

ETH

$2,868.10

7.27%

BNB

$599.42

2.31%

XRP

$0.55

3.46%

SOL

$196.66

5.37%

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