Ethereum Erupts 10% to $250 on the Back of Millions in Liquidations

Ethereum Erupts 10% to $250 on the Back of Millions in Liquidations

Like Bitcoin, minutes ago Ethereum saw a strong surge to the upside.
After rallying in excess of 15% over the past week, the second-largest cryptocurrency saw a 10% rally over the past few hours, reaching as high as $251. This is the highest price ETH has traded at since March 7th, just days before the capitulation that brought Bitcoin to $3,700 and ETH to $88.
Ethereum price chart from…

View On WordPress