Ethereum Price Nears New All-Time High: Reaching 4% of Past Peak

Ethereum’s price is surging towards a new all-time high (ATH) on August 13th, with the asset currently sitting just over 4% away from its previous ATH recorded in 2021. This rise aligns with a bullish market trend across cryptocurrencies as the total market cap of crypto has surpassed $4.11 trillion. 📈 ETH price is up by over 4% over the past 24 hours, fueled by significant gains within DeFi and increasing institutional investment.