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Breaking: ETH/USD cracks $440 for the first time since July 2018

  • Ethereum just crossed the $440 mark after a significant continuation move from the breakout on August 13.
  • ETH/USD is still currently trading at $442 with a lot of bullish momentum behind it.
Breaking: ETH/USD cracks $440 for the first time since July 2018
Lorenzo StroeLorenzo StroeIndependent Analyst

Ethereum is clearly the leader right now while most of the major coins remain flat. The significant increase in market dominance for Ethereum has clearly been a factor. Since January 2020, the digital asset has climbed from a 7.5% dominance to a current peak of 13%. In the same timeframe, Bitcoin has lost more than 4% points. 

ETH/USD daily chart

ETHUSD

Author

Lorenzo Stroe

Lorenzo Stroe

Independent Analyst

Lorenzo is an experienced Technical Analyst and Content Writer who has been working in the cryptocurrency industry since 2012. He also has a passion for trading.

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