Are you still holding onto your ETH? Congratulations, you are now a member of the $2,000 club. That's right, Ether has once again broken the key psychological milestone of $2,000. This recent event extends Ethereum's weeks-long rally and has resulted in a 16% increase in market value over the past week.
Thanks to the latest surge, ETH is up over 2X from its June low. This is great news for those of us who were holding onto our Ether during the market crash caused by the 3AC drama. Now we can all sit back and watch the price go up.
Of course, Ethereum isn't the only cryptocurrency benefiting from the market rebound. However, it is outperforming many assets due to the growing anticipation for the Merge. This long-awaited upgrade to Proof-of-Stake is finally happening soon and is being heralded as one of the biggest crypto events ever.
So whether you're an ETH holder or not, this is definitely a time to keep your eyes on the Ethereum price chart. Exciting times are ahead!