Posted 3/8/2024, 3:49:18 PM
Ethereum Hits $4,000 for First Time in 11 Months as Crypto Bull Run Charges On
- Ethereum price broke $4,000 on November 19 for the first time since December 2021 as crypto bull market continues
- Comes after Bitcoin set new all-time high above $70,000 on November 19
- Ethereum price has climbed from around $2,300 in early February to current level
- Key milestone was September 2022 "Merge" which transitioned network from proof-of-work to proof-of-stake
- Ethereum currently has market cap of $471 billion, compared to all-time high price of $4,891 in November 2021
