Ethereum (ETHUSD) sets new record

As earlier noted here yesterday, and this morning, the further rise for Ethereum came after it held any attempt to push it back below 2k yesterday. The subsequent recovery back above 2,100 has led the coin to reach a new all time record high today. A little earlier this morning, Ether rose to as high as 2,150.40. As per yesterday, this endorses the immediate dynamic; that clearly indicates that Ether is in charge of the price action and leading Bitcoin again. What is also clear is the the relative strength of Ether over its larger rival in recent days has attracted fresh hot money flow. The price is just now edging a little lower, but overall the price dynamic on the charts, as noted yesterday, continues to indicate the potential for a move closer to 2,500 in the near term. ETHUSD is just now trading at 2,124