At press time, Ethereum is trading at $3,246.40, and it has climbed over 10% in the last 24hours. The crypto has gained more than 49% to over 41 billion in the last 24 hours. Also, Ethereum has a market valuation of $382 billion.
In comparison, Bitcoin is currently trading at $57,846.71. Bitcoin is up 2.09% in the past 24hours and has a trading volume of over $46 billion. According to Coinmarketcap, its market capitalization is over $1 trillion.
reportedAlso, the ETH spike can be tied to the rise in the transaction fees on the blockchain.
Image Credits: Pixabay
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