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Ethereum reaches new price high, now $1,300 today



A digital currency Ethereum meets its new price high today. Dispute the huddles faced recently by digital currency, the price of Ethereum goes soar.

As at the opening of today's trade, the price of Ethereum was $1297.03. Right now the price shift upward to $1,300.03. Which is a $3 increase from previous price.

Furthermore, the available supply for Ethereum was 96,879,318. The market capitalisation is $126 billion. Digital currencies including bitcoin and Ethereum are getting more recognition. Some online merchants have started accepting it as a fiat (means of payment). However, the currency is not yet backed by law. This made so many organisations still have doubt as to its feasibility.

Photo credit: Coindesk.

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