BREAKING: Ethereum Hits New All-Time High of $4,477

BREAKING: Ethereum Hits New All-Time High of $4,477

The second largest cryptocurrency, Ethereum, has reached a new lifetime peak, hitting $4,477.

This has happened as Ether hashrate broke above a new ATH of 812,768 GH/s, decreased miner selling and a massive drop of ETH supply on crypto exchanges.

Besides, since the London hardfork was implemented on August 5 along with the burning mechanism for ETH fees, $3 billion worth of Ethereum has been burned.

Source