{"id":52461,"date":"2021-11-08T09:40:47","date_gmt":"2021-11-08T07:40:47","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=52461"},"modified":"2025-09-03T10:21:03","modified_gmt":"2025-09-03T07:21:03","slug":"ethereum-price-clears-4700-as-market-cap-tops-3-trillion","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ethereum-price-clears-4700-as-market-cap-tops-3-trillion\/","title":{"rendered":"Ethereum price clears $4,700 as market cap tops $3 trillion"},"content":{"rendered":"

On November 8, the price of the second-largest cryptocurrency by market capitalization rose to new all-time highs above $4,700. In the last 24 hours, the asset\u2019s price rose by 4.3%, according to CoinGecko<\/a>.<\/p>\n

At the time of writing, Ethereum was trading around $4757. Its market capitalization stood at $563.6 billion.<\/p>\n

\"Ethereum
Hourly ETH\/USD chart on Bitstamp. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

In the last 24 hours, Bitcoin rose 6.2% and trades around $65,970. The BTC dominance index is 41.3%, ETH 18.7%.<\/p>\n

The cryptocurrency market capitalization surpassed $3 trillion. Of the top 10 over the past 24 hours, only two assets declined in price \u2014 Binance Coin (-3.1%) and Solana (-4.1%).<\/p>\n

\"Ethereum
Data: CoinGecko.<\/figcaption><\/figure>\n

On November 3, the Ethereum price reached $4639<\/a>. In October, ETH outpaced Bitcoin in terms of price growth, with a 42.9% gain vs 39.9% respectively<\/a>.<\/p>\n

Goldman Sachs suggested that the Ethereum price could rise to $8000 by the end of 2021<\/a>.<\/p>\n

Follow ForkLog news on Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

On November 8, the price of the second-largest cryptocurrency by market capitalization rose to new all-time highs above $4,700. In the last 24 hours, the asset\u2019s price rose by 4.3%, according to CoinGecko.<\/p>\n","protected":false},"author":1,"featured_media":52462,"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-52461","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":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52461","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=52461"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52461\/revisions"}],"predecessor-version":[{"id":52463,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52461\/revisions\/52463"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/52462"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=52461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=52461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=52461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}