{"id":18377,"date":"2024-11-07T09:21:24","date_gmt":"2024-11-07T07:21:24","guid":{"rendered":"https:\/\/forklog.com\/en\/ethereum-surpasses-2800-mark\/"},"modified":"2024-11-07T09:21:24","modified_gmt":"2024-11-07T07:21:24","slug":"ethereum-surpasses-2800-mark","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ethereum-surpasses-2800-mark\/","title":{"rendered":"Ethereum Surpasses $2800 Mark"},"content":{"rendered":"

The second-largest cryptocurrency by market capitalization has surged by 9.6% over the past 24 hours. The asset’s price has broken through the $2800 level, reaching values last seen in early August.<\/p>\n

<\/p>\n

The chart below illustrates that the upward movement was supported by a spike in trading volumes:<\/p>\n

\"ETHUSDT4h\"
Four-hour ETH\/USDT chart from Binance. Data: TradingView<\/a>.\u00a0
<\/figcaption><\/figure>\n

The ETH\/BTC rate has increased by 8.5% over the last 24 hours. The market capitalization of DeFi segment coins has risen by 6.7%; a comparable growth was observed in the RWA sector.<\/p>\n

\"soso-1\"
Data: SoSoValue<\/a>.<\/figcaption><\/figure>\n

At the time of writing, the total market value of Ethereum stands at ~$341 billion<\/a>. The asset is trading at around $2820.\u00a0<\/p>\n

Previously, the ratio of Ethereum’s market capitalization to that of Bitcoin fell to its lowest level since April 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"

The second-largest cryptocurrency by market capitalization has surged by 9.6% over the past 24 hours. The asset’s price has broken through the $2800 level, reaching values last seen in early August.<\/p>\n","protected":false},"author":1,"featured_media":18376,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[46],"class_list":["post-18377","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum"],"aioseo_notices":[],"amp_enabled":true,"views":"5","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=18377"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18377\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/18376"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=18377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=18377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=18377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}