Close Menu
    Subscribe
    Thursday, May 28
    News

    Ethereum Crossed $3,000, Trades at Six Months High

    Olu AnisereBy No Comments1 Min Read
    Ethereum Crossed $3,000, Trades at Six Months High

    Ethereum Crossed $3,000, Trades at Six Months High

    Trading at six months high, Ethereum (ETH-USD) crossed $3,000 in the cryptocurrencies market after a long time. The second largest digital asset climbed over renewed investors’ sentiment.

    Data from CoinMarketCap.com showed that Ethereum surged to $3078, up by 2.27% in the last 24 hours in the crypto market. ETHUSD has gained about 18% in the past seven days alone, reaching a new local high of $3,078.

    Interestingly, bullish technical structures are starting to emerge that could send the ETH price soaring toward new all-time highs, analysts said. The price appreciation of ETH followed renewed interest from institutional investors.

    Trading data highlighted that after reclaiming the $3,000 level for the first time since Feb. 1, Ether exhibits strength in its performance relative to Bitcoin. While Bitcoin slipped to $116,500 on Tuesday, ETH posted daily gains, setting new highs for the week. #Ethereum Crossed $3,000, Trades at Six Months High#


    Bitcoin Tests $123,000 on Monster Rally

    Share.

    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

    Related Posts

    Add A Comment

    Comments are closed.