The second most popular cryptocurrency in the world, Ethereum, continues to demonstrate strong growth, which led to the taking of another significant value of $ 4000 per unit of digital currency. At the same time, Bitcoin reached a three-week high, and the Dogecoin price stabilized after a sharp drop over the weekend.

On the Binance cryptocurrency exchange, the cost of “ether” per day increased by more than 6%, due to which the price of a digital asset exceeded $ 4000 per unit. At the time of this writing, Ethereum is trading at $ 4098 per unit. At the same time, Bitcoin rose to $ 59 per unit, while the Dogecoin price stabilized around $ 603. Note that the price of bitcoin has doubled this year, the price of ether has increased more than five times, and Dogecoin has increased more than a hundred times.

The Ethereum blockchain has recently been updated, which traders believe could make it a central player in DeFi (decentralized finance), allowing digital platforms to reduce banking dominance in digital transactions. According to the CoinMarketCap platform, the capitalization level of Ethereum is $ 477 billion, Bitcoin – $ 1,1 trillion, Dogecoin – $ 69 billion.

Recall that over the weekend, Dogecoin fell by almost 30% after the head of Tesla and SpaceX Elon Musk jokingly called the cryptocurrency a “scam” during the Saturday Night Live TV show.