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Ethereum (ETH) Jumps 40%, Pushes 60% Holders Into Profit

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Despite being on the low for quite some time, Ethereum (ETH) was seen climbing up the price ladder. The cryptocurrency jumped from a low of $1,766 to a high of $2,620.90. This marked a massive spike of 41% throughout the past week. This uptick came as a major surprise to the community. Ethereum was one of the assets that barely saw any changes in its price during the past year. The last rise has brought respite to a wide range of investors. Can the largest altcoin continue this trend? Also Read: JP Morgan Predicts $6000 Gold Price If This Key US Asset Shifts Unfolds Ethereum Garners Support Above $2,500 Source: Watcher Guru The Ethereum market enjoyed a notable spike during the past 24 hours. The asset jumped by nearly 1% and was trading at $2,544.25 at the time of writing. Even though ETH has grown by 60% over the last month, the altcoin is at a distance from its all-time high. The second-largest cryptocurrency is currently trading 47% below its all-time high of $4,891.70. This peak w...