Markets

Ethereum (ETH) price loses $2,000 amid massive Altcoin rally

Ethereum (ETH) price has surpassed $2,000 amid the altcoin’s biggest rally this year so far. The second largest cryptocurrency by market capitalization is currently trading at $2,006 after a 7.15% gain over the past 24 hours.

Aside from the April 2023 brief rally above $2,100, this is the first time that ETH has traded above $2,000 since dropping below it in May 2022.

Ethereum ETH/USD price chart. source: TradingView

This is a developing story….

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