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Ethereum Over Time

Ethereum tumbled 7 on wednesday after hitting a new all time high of over 1430. Ethereum the worlds second largest cryptocurrency registered an all time high on monday as the eth price jumped more than 20 in the last 48 hours.

While The Crypto World Cries Over Prices Eth Dapps Are Finally Gaining Momentum

Directly tied to its explosive growth is the rise of projects built on decentralized finance or defi.

Ethereum over time. Meanwhile ethereums rally doesnt mean bitcoin which recorded its own all time high of over 42000 per bitcoin earlier this month before falling back slightly has been written off. The total number of eth coins in circulation stands at 114307599 and 2671710025 usd has been traded for the ethusd pair across exchanges over the last 24 hours. The remaining amount has been issued in the form of block rewards to the miners on the ethereum network.

A record it set only a week before. Compared to bitcoin. The original reward in 2015 was 5 eth per block which later went down to 3 eth in late 2017 and then to 2 eth in early 2019.

Ethereum reached a high of 1470 in the asian session on 25 january. The average time it takes to mine an ethereum block is around 13 15 seconds. According to the latest data ethereum now has a market cap of more than 160 billion.

The price of ethereum eth today is 122631 usd which has increased by 1559 129 over the last 24 hours. The worlds second largest cryptocurrency by market cap has been surging in 2021 and over the weekend broke through its previous all time high of 1439. In fact on january 1 ethereum s price sat around 730 but in the last 25 days has doubled according to data provider nomics.

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