Ethereum exchange rate soared again

The world's second most important digital currency, Ethereum, has once again begun to rise in value. Its value rose to $3,700 for the first time since mid-May 2021. But it's still a long way from the record high of nearly $4,200.

Often Ethereum and Bitcoin rise in price and fall in price together. However, over the week, Ethereum has risen significantly, while BTC has remained at $47,000. Ethereum rose above the $3,700 mark for the first time in months.

During the day, September 1, the value of digital currency rose to $3,770 per coin. At the time of writing, the price is around $3,700. Over the past 24 hours, the cryptocurrency has risen in price by almost 10%. The rate has already gone up by $600 since August 26.

Source: CoinMartketCap