Summary
- Ethereum (ETH) has reported a new all-time high for the first time since 2021.
- It was highlighted that renowned trader Peter Brandt described it as "Powerful."
- Brian Armstrong, the CEO of Coinbase, also congratulated Ethereum on its new high.
Ethereum (ETH) has reached a new all-time high for the first time since 2021, prompting renowned trader Peter Brandt to leave a brief comment, calling it "Powerful." According to U.Today, a media outlet specializing in virtual assets (cryptocurrencies), on the 23rd (local time), Ethereum surged from $4,238 to $4,885 in one day, setting a new record high. This figure surpasses the previous all-time high ($4,866.40) achieved in November 2021. On this day, Brandt quoted a post on X (formerly Twitter) that shared a breakout pattern of Ethereum and commented that it was "Powerful." Although he had previously shown a critical stance on Ethereum's outlook, he has repeatedly acknowledged its value as a tradable asset.
Meanwhile, Brian Armstrong, the CEO of Coinbase, also congratulated Ethereum on its new historical record through X.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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