Ethereum Surges to $470 Amid ETH2 Launch and DeFi Rally

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Ethereum has undergone a strong rally over the past few days, pushing as high as $470. ETH is up around 10% in the past 24 hours, despite Bitcoin stagnating in the high-$15,000s. Ethereum’s rally higher comes as other altcoins have rebounded. Analysts remain bullish on Ethereum and altcoins. Ethereum Explodes Up, and It Has Room to Move Even Higher: Analysts Ethereum has undergone a strong rally over the past two days despite strong weakness over the past few weeks. The price of the leading cryptocurrency currently is $460, slightly below the $470 highs that were seen just hours ago. ETH is up around 10% in the past 24 hours, despite Bitcoin stagnating in the high-$15,000s. Ethereum’s rally higher comes as other altcoins have rebounded. The prices of leading digital assets such as Yearn.finance, Litecoin, Stellar Lumens, and many others have benefited as capital has cycled from Bitcoin into these smaller…

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