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Ethereum finally makes it to $2000 today

02 Apr, 2021

The combination of the slightly weaker dollar and slightly lower US yields has not been lost on the Cryptocurrency market today. Earlier on Ethereum and Bitcoin made a move higher again and that saw Bitcoin reclaim the $60k handle and Ether rise above $2000 for the first time ever. It is meeting some resistance above this price point which is understandable given the important of the level. The high so far has been set at 2007.86. It was noted here yesterday; that the prospect of a move to above 2000 was a very live prospect. The immediate chart dynamic does not give much reason as to why it should stop here, and further upside momentum is entirely possible. ETHUSD is currently trading at 2000.90
 

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