{"id":47369,"date":"2021-08-07T14:26:23","date_gmt":"2021-08-07T11:26:23","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=47369"},"modified":"2025-09-01T21:00:26","modified_gmt":"2025-09-01T18:00:26","slug":"ethereum-clears-3100-for-the-first-time-since-may","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ethereum-clears-3100-for-the-first-time-since-may\/","title":{"rendered":"Ethereum clears $3,100 for the first time since May"},"content":{"rendered":"<p>For the first time since <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-price-falls-below-35000\">May decline<\/a>, the price of Ethereum rose to $3,090. The asset\u2019s market capitalization surpassed $355 billion, according to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/ethereum\">CoinGecko<\/a>.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-14.12.58-1024x640.png\" alt=\"Ethereum price first time since May above $3,100\" class=\"wp-image-145195\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-14.12.58-1024x640.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-14.12.58-300x188.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-14.12.58-768x480.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-14.12.58-1536x960.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-14.12.58-2048x1280.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>ETH\/USDT chart on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/chart\/Wb1ZzR3l\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>At the time of writing, the second-largest cryptocurrency by market capitalization was trading at around $3,060.<\/p>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">August 7, 2021 | 15:37<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>The price of Ethereum rose above $3,150.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-15.36.38-1024x640.png\" alt=\"BTC\/USDT chart on Binance\" class=\"wp-image-145204\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-15.36.38-1024x640.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-15.36.38-300x188.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-15.36.38-768x480.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-15.36.38-1536x960.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-15.36.38-2048x1280.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>BTC\/USDT chart on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/chart\/Wb1ZzR3l\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<\/div>\n<p>Bitcoin\u2019s price approached $44,000. At the time of writing, digital gold was trading at $43,500. The market capitalization of the leading cryptocurrency stood at $816 billion, according to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\">CoinGecko<\/a>.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-14.17.18-1024x640.png\" alt=\"BTC\/USDT chart on Binance\" class=\"wp-image-145196\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-14.17.18-1024x640.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-14.17.18-300x188.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-14.17.18-768x480.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-14.17.18-1536x960.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-14.17.18-2048x1280.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>BTC\/USDT chart on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/chart\/Wb1ZzR3l\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">August 7, 2021 | 15:37<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>Bitcoin\u2019s price rose above $44,500.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-15.34.16-1-1024x640.png\" alt=\"BTC\/USDT chart on Binance\" class=\"wp-image-145202\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-15.34.16-1-1024x640.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-15.34.16-1-300x188.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-15.34.16-1-768x480.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-15.34.16-1-1536x960.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-07-v-15.34.16-1-2048x1280.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>BTC\/USDT chart on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/chart\/Wb1ZzR3l\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>At the time of writing, the total capitalization of the cryptocurrency market stood at $1.85 trillion, according to CoinGecko.<\/p>\n<p>As a reminder, on August 5, in the Ethereum mainnet at block #12,965,000 <a href=\"https:\/\/u1f987.com\/en\/news\/ethereums-london-hard-fork-goes-live\">the London hard fork<\/a> occurred.<\/p>\n<p>The day before, Joseph Lubin, head of ConsenSys and co-founder of the second-largest cryptocurrency, <a href=\"https:\/\/u1f987.com\/en\/news\/joseph-lubin-ethereum-will-be-orders-of-magnitude-larger-than-bitcoin\">stated<\/a>, that the digital asset would become &#8216;the economy of the next generation&#8217; and be orders of magnitude larger than &#8216;a narrow monetary system&#8217;.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For the first time since the May decline, Ethereum price reached $3,090. The asset\u2019s market capitalization surpassed $355 billion.<\/p>\n","protected":false},"author":1,"featured_media":47370,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[46,1145],"class_list":["post-47369","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"28","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/47369","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=47369"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/47369\/revisions"}],"predecessor-version":[{"id":47371,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/47369\/revisions\/47371"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/47370"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=47369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=47369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=47369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}