Bitcoin
BTC$62 454.95

-1.43%

Ethereum
ETH$2 427.77

-2.24%

Tether
USDT$0.999722

-0.01%

Binance Coin
BNB$564.29

-1.59%

Solana
SOL$143.43

-3.63%

USD Coin
USDC$0.999957

0%

Ether hits $500 for the first time since June 2018


21 Nov 2020

#Ethereum

Ether (ETH) returned to $500 for the first time in more than two years on Nov. 20 as altcoins slowly staged a comeback from poor performance. Data from Cointelegraph Markets, Coin360 and TradingView showed ETH/USD briefly hitting the psychologically significant barrier in Friday trading before a rejection halted progress.

Despite being capped at roughly 6% daily gains at press time, Ether’s achievement delighted traders, who noted that overall in 2020, the largest altcoin has outperformed even Bitcoin (BTC). Year-to-date returns stand at 284% for Ether and 155% for Bitcoin.

Versus the pit of its price lows in mid March, just after the coronavirus-induced cross-asset crash, Bitcoin was still the strongest player. At the time, ETH/USD traded at just $117, making Friday’s levels an increase of 327%, while BTC/USD gained 411% from $3,600 to $18,420.

Alongside the $500 visit — Ether’s first since June 2018 — other major altcoins also showed signs of life, notably Litecoin (LTC), which with 12% gains outperformed Bitcoin on the day, and is the only major altcoin to outperform BTC in the past month — by 7%.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 78% 33 $62 454.95 -1.43% -1.93% $1 234 400 470 283 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 79.6% 43 $2 427.77 -2.24% -7.93% $292 253 244 251 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 95.6% 1 $0.999722 -0.01% 0.01% $119 823 961 775 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 78.8% 35 $564.29 -1.59% -2.62% $82 348 610 201 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 75.2% 45 $143.43 -3.63% -7.68% $67 308 122 110 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 92.8% 1 $0.999957 0% 0% $35 319 753 958 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 77.6% 43 $0.529988 -1.90% -14.69% $29 978 288 460 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 78.4% 32 $0.107825 -5.11% -8.48% $15 772 295 954 DOGE 7 days price change
9 TRON (TRX) TRX TRON predictions 96% 1 $0.155916 1.20% -0.39% $13 498 686 374 TRX 7 days price change
10 Toncoin (TON) TON Toncoin predictions 80.4% 30 $5.17 -3.07% -10.67% $13 111 256 672 TON 7 days price change
11 Cardano (ADA) ADA Cardano predictions 80.4% 38 $0.351628 -3.17% -7.87% $12 293 301 283 ADA 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 67.6% 60 $26.52 -2.92% -6.51% $10 780 122 601 AVAX 7 days price change
13 Lido stETH (STETH) STETH Lido stETH predictions 93.6% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
14 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 92.4% 1 $0.116354 -0.46% 0.23% $10 171 995 609 WTRX 7 days price change
15 SHIBA INU (SHIB) SHIB SHIBA INU predictions 56.8% 94 $0.000017 -6.05% -6.13% $10 168 882 764 SHIB 7 days price change

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