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What is Ethereum’s all-time high?

Ethereum (ETH) hit a fresh all-time high of $1,542.99 on Tuesday evening while the top cryptocurrency by market cap-Bitcoin (BTC) jumped over 6.4% at press time.

Is Ethereum’s burn rate really that high?

According to the Ultrasound Money, Ethereum’s burn rate beat out its previous record by more than 1,000 Ether, with 16,910 ETH having been destroyed within 24 hours on Oct. 28 at a rate of 12 ETH every minute. OpenSea was the single-largest source of burnt Ether, with 2,755 ETH destroyed within 24 hours.

How much is ethereum worth?

With a circulating supply of 120 Million ETH, Ethereum is valued at a market cap of $221,647,657,269 . Ethereum is a Proof-of-Stake blockchain that powers decentralized applications ( dApps) through smart contracts, without being controlled by a centralized entity.

What happened to Ethereum in the next 18 sessions?

For Ethereum, it climbed in 16 of the next 18 sessions, with one of the down days coming in with a loss of just 0.22%. In that run, Ether rallied roughly 85%. Even more impressive though, the cryptocurrency didn’t pull back. Instead, it consolidated the gains (blue circle) before pushing higher again.

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