ETH breaks above $900 to highs not seen since February 2018

Ethereum • January 3, 2021, 9:53AM EST
UPDATED: January 3, 2021, 9:54AM EST
theblock

The price of ether (ETH) has jumped above $900 to highs not seen since February 2018. 

Data from Coinbase Pro shows the price of the world's second-largest cryptocurrency by market capitalization has increased by 21% over the past 24 hours to $905.45 at the time of this writing. According to CoinGecko, the market cap of Ethereum is now over $100B.

Early this month, CME Group announced that it will list an ETH futures product next year. The product is coming to market on February 8, subject to regulatory approval.

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