The Ethereum Cryptocurrency Overcame the Psychological Level of $3 Thousand
OREANDA-NEWS. Last night, Ethereum (ETH) broke the psychological level of $3 thousand, and now the second most popular cryptocurrency in the world is trading around $3,1 thousand. The total capitalization of the asset is more than $358 billion — according to this indicator, Ethereum surpassed Bank of America, PayPal and Walt Disney. The current year ETH started at $760.
The value of Bitcoin has also increased. As of the morning of May 3, it amounted to $57.9 thousand. Earlier it was reported, that the digital coin Ethereum during the day rose by 4%, and for a week added 16%. The previous record for the largest altcoin by capitalization was set on April 18, but the next day it's value fell by 18%. This happened due to the decline in the Bitcoin exchange rate, which fell by 11% on the same day.
The European Investment Bank has previously issued digital bonds on the Ethereum blockchain. The sale of the securities took place on Thursday with the participation of Goldman Sachs, Banco Santander and Societe Generale.