BitDegree Learning Hub aims to uncover, simplify & share Web3 & cryptocurrency education with the masses. Join millions, easily discover and understand cryptocurrencies, price charts, top crypto exchanges & wallets in one place. Ethereum price history chart Second, only to Bitcoin, Ethereum (ETH) is one of the biggest names when it comes to the cryptocurrency ecosystem. The platform, which forked off from the original Ethereum (now known as Ethereum Classic platform) in 2015, has been an impressive force in the markets - and in just three years, it has managed to bring about a number of changes. While a number of people see Ethereum as a platform for development, a large number of people consider the Ethereum cryptocurrency token as a smart investment opportunity. Let us take a closer look at Ethereum price history over the years.
Etherium price history
To check Ethereum's price live in the fiat currency of your choice, you can use Crypto.com's converter feature in the top-right corner of this page. Price of ETH today Since ether is the currency used on the Ethereum network, the demand for ethers will rise as the network increases in popularity. A rising demand will generally lead to a higher price.
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Ethereum launched in July 2015. The first exchange rate of ETH detected by our platform is $2.92, the lowest price was $0.4457 in October 2015, and the highest price that Ethereum reached was $4,786 in November 2021. Ethereum ETH experienced its first breakthrough in 2017, massively benefiting from the social media hype. The price enjoyed massive volatility and closed the year around $772. In 2018, calls for regulation by central banks soared its reputation and was selling at $1,396 by January 12. The price, however, dipped throughout the year. It finished the year selling at $141.
Eth price history
However, Bitcoin was also in a growth stage, setting the direction for the market. Many coins are responding to this direction with stunning growth. ETH, which is being added to the AVATRADE trading platform on May 18, is also rushing to new heights — in less than a month its price rises 4 times (June 12, 1 ETH = $400). Investors who bought the Ethereum six months ago get the opportunity to sell it 50 times more expensive! The dominance of Ethereum on the market reaches its ATH — 31.5% (at the beginning of the year it was 4%). Ethereum Price History ⚠ Trading cryptocurrencies involves risk, and may not be suitable for all investors. Cryptocurrency prices can be volatile and unpredictable, and may be influenced by various factors, including market manipulation, regulatory changes, and technological developments.