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Ethereum’s Price Hits $2750 as Market Cap Surpasses PayPal’s
Last Updated: 29 April 2021
Ether has recently reached an all-time high of $2750. This has increased its market value past that of PayPal Holdings.
Ethereum is the second-largest cryptocurrency, and it has recently made a historical record in the crypto market. The crypto recently hit a $2750 value, which pushed its market value to $320 billion. With this market cap, the cryptocurrency was able to set a higher valuation than PayPal Holdings.
Ethereum’s Price Movement
According to the latest market valuations, Ethereum has increased by over 11% in the past week. In the past 24 hours, the crypto has also grown by around 3%. This significant price movement has been caused by increased demand for the currency by retail and institutional investors.