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Ethereum Price Sets 2020 High — Are Investors Buying the ETH 2.0 Hype?

Published 02/07/2020, 03:20 PM
Updated 02/07/2020, 05:02 PM
Ethereum Price Sets 2020 High — Are Investors Buying the ETH 2.0 Hype?

Altcoin price action has been the talk of the town for the past two weeks — and for good reason. Since the start of 2020, altcoins like Icon (ICX), AION and WanChain (WAN) have surged more than 200%, 120% and 60% respectively, leading some analysts to suggest that a new altcoin season has begun.

Now, Ether (ETH) appears to have joined the party, and since the altcoin dropped to $115.95 on Dec. 18, 2018, it has quietly rallied 90% to reach a 2020 high at $220.81 on Feb. 6.

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