Ethereum continued the bullish momentum over the last week. The trading price of Ethereum is around $1,868 with 3.75% in the last 24 hours.
- Ethereum reached its eight-month high of $1,800 on Tuesday.
- The global crypto market cap increased by 1.49% in the last 24 hours.
The first altcoin, Ethereum (ETH), continued to surge in price over the past week. The trading price of ETH has increased by 3.75% in the last 24 hours. Moreover, it reached an eight-month high on Tuesday. At the same time, the global market cap also surged over 1.49% in the last 24 hours, with a total market volume of around $1.18T.
Ethereum Managed to Survive the Battle
Bitcoin and other major cryptocurrencies' prices continue to fall after the sudden collapse of SVB on March 10. Ethereum managed to get through the battle and continues to surge in price.
At the time of writing, the Ethereum price is around $1,868 with an 8.5% price surge in the past seven days, according to CoinMarketCap. If the bullish trend continues, the trading price of ETH may reach the $2,000 mark sooner.