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They say a rising tide lifts all boats and for today at least it stands true for the cryptocurrencies market. After the recent massive rise in both the price and overall market capitalization of Bitcoin, Ethereum now sets impressive records of its own.
The price of Ethereum has increased by about 35% over the last week, almost 16% in the last twenty-four hours, and reached as high as $19 for the first time ever in its relatively short trading history. As a result, the ETH market cap crossed over and now is still standing above $1.5 billion.
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