Ethereum (ETH-USD) Demand is Off the Charts
The cryptocurrency market is up +3.5% today, and the charge higher is being led by Ethereum (ETH-USD).
Consumer Demand for the second-largest coin on the market has soared to new heights alongside the price, up +360% YoY and +83% from the 2018 ATH on a 90-day moving average.
Thanks in part to its heavily-utilized blockchain (more than 200,000 unique tokens are run on the ETH network), the price of Ethereum has increased by +27% in the last week, blowing past the $3000 price level.
Meanwhile, Bitcoin has lagged behind- only up +8% in the same timeframe.