This Is How Many Records Ethereum Broke When It Reached $3,000

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Ethereum seems poised to be on price discovery mode for the short term. The cryptocurrency has captured the interest of the institutions and keeps breaking all-time highs. At the time of writing, ETH is trading $3393 with sideways movement in lower timeframes and a 7.4% profit in the daily chart. In the weekly and monthly chart, ETH has seen an impressive 34% and 68.3% rallies, respectively. ETH with moderate gains in the daily chart. Source: ETHUSD Tradingview However, the cryptocurrency has been smashing records across the board. Vitalik Buterin, the inventor of Ethereum, became the youngest crypto billionaire and his wealth keeps on growing with ETH’s price. On institutional investments, ETH-based products in the traditional market exceeded expectations. The Ethereum ETF launched by CI Global Management, trading with the ticker ETHX, recorded an all-time high in trading volume with an “unusual” performance as Senior ETF analyst for Bloomberg Intelligence Eric…

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