{"id":32188,"date":"2020-11-23T10:05:45","date_gmt":"2020-11-23T08:05:45","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=32188"},"modified":"2025-08-28T07:27:42","modified_gmt":"2025-08-28T04:27:42","slug":"ethereum-price-eyes-600-level","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ethereum-price-eyes-600-level\/","title":{"rendered":"Ethereum price eyes $600 level"},"content":{"rendered":"<p>The second-largest cryptocurrency by market capitalization, Ethereum, continued to push its year-to-date highs, reaching $580 by Monday morning, November 23.<!--more--><\/p>\n<p>Ethereum&#8217;s rally extends for a fourth day in a row.<\/p>\n<div id=\"attachment_117344\" style=\"width: 1445px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-117344\" class=\"size-full wp-image-117344\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/eth-2020-11-23.png\" alt=\"Ethereum price eyes $600 level\" width=\"1435\" height=\"869\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/eth-2020-11-23.png 1435w, https:\/\/u1f987.com\/wp-content\/uploads\/eth-2020-11-23-300x182.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/eth-2020-11-23-1024x620.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/eth-2020-11-23-768x465.png 768w\" sizes=\"auto, (max-width: 1435px) 100vw, 1435px\" \/><\/p>\n<p id=\"caption-attachment-117344\" class=\"wp-caption-text\">Hourly ETH\/USD chart for Bittrex on TradingView.<\/p>\n<\/div>\n<p>At the time of writing, Ethereum is trading around $584 (+7.1% over the last 24 hours). The asset&#8217;s market capitalization is $65.8 billion, with a 12% dominance (according to CoinGecko).<\/p>\n<p>ETH price reached an all-time high of $1,413.77 in January 2018. After that, the asset fell to $81.15, then rose by 610%.<\/p>\n<p>In terms of price gains over the last 24 hours, Ethereum ranks second among the largest-cap coins.<\/p>\n<div id=\"attachment_117345\" style=\"width: 1567px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-117345\" class=\"size-full wp-image-117345\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/screenshot-www-coingecko-com-en-1606114609321.png\" alt=\"Ethereum price eyes $600 level\" width=\"1557\" height=\"761\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/screenshot-www-coingecko-com-en-1606114609321.png 1557w, https:\/\/u1f987.com\/wp-content\/uploads\/screenshot-www-coingecko-com-en-1606114609321-300x147.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/screenshot-www-coingecko-com-en-1606114609321-1024x500.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/screenshot-www-coingecko-com-en-1606114609321-768x375.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/screenshot-www-coingecko-com-en-1606114609321-1536x751.png 1536w\" sizes=\"auto, (max-width: 1557px) 100vw, 1557px\" \/><\/p>\n<p id=\"caption-attachment-117345\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.coingecko.com\/en\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">CoinGecko<\/a>.<\/p>\n<\/div>\n<p>Over the weekend, deposits into the Ethereum 2.0 ecosystem surged \u2014 the total amount <a href=\"https:\/\/etherscan.io\/address\/0x00000000219ab540356cbb839cbe05303d7705fa\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">\u0443\u0432\u0435\u043b\u0438\u0447\u0438\u043b\u0441\u044f<\/a> to 293,184 ETH or 55.92% of the required 524,288 ETH.<\/p>\n<p>Over the past three days, two transactions above the previous record of 17,088 ETH have been sent to the deposit contract. Earlier, Ethereum co-founder Vitalik Buterin also contributed, who <a href=\"https:\/\/u1f987.com\/en\/news\/vitalik-buterin-sent-3200-eth-to-ethereum-2-0-deposit-contract\">transferred<\/a> 3,200 coins.<\/p>\n<p>Eight days remain until the planned December 1 mainnet launch, provided the target is reached.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum, the second-largest cryptocurrency by market capitalization, continued its year-to-date highs, reaching $580 by Monday morning, November 23.<\/p>\n","protected":false},"author":1,"featured_media":32189,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[46],"class_list":["post-32188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32188","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=32188"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32188\/revisions"}],"predecessor-version":[{"id":32190,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32188\/revisions\/32190"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/32189"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=32188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=32188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=32188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}