Ethereum (ETH) Surges 20% as the Holiday Crypto Rally Continues
After trading as low as $83 last week, ETH is now testing $130, giving the third-largest cryptocurrency a $13.6 billion market cap — up around 50% since the start of the week.
Ethereum is also currently leading all coins in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies, up 19.8% in the last 24 hours. Other top gainers include Waves (WAVES), Bancor (BNT), Holo (HOT) and Steem (STEEM) — all up more than 15% on the day.
The ALT100 has rallied over the last week and is currently up nearly 30%. The index’s largest constituent, Bitcoin (BTC), is now up 4.8% on the day to $ 4,032, giving it a $70.3 billion market cap.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.