At the time of writing, ETH is trading in the $ 420 region. The last time the coin rate was at such levels was in August 2018.
The cryptocurrency crossed the $ 300 mark at the end of July. During this period, the analysts Have paid attention to that trade volumes Ethereum in the spot and futures markets are growing faster than Bitcoin. This signal indicated a possible continuation of the ETH price growth.
Against this background, the average amount of commissions in the cryptocurrency network exceeded the levels of the summer of 2018. In August, the indicator continued to grow, reaching an all-time high.
Recall that on August 4, the final Ethereum 2.0 testnet called Medalla was launched . During the first day of work, more than 20 thousand validators joined it.
Amid escalating tensions between the United States and China, the latter is pushing forward plans to strengthen its influence in the stock market, and to that end will soon merge domestic broker First Capital Securities Corporation Ltd with smaller Capital Securities Corp.