Ether Prices Climb Above $300 to Break Two-Week Lull

Ether prices have climbed back above the $300 level for the first time in more than two weeks. 

AccessTimeIconSep 27, 2017 at 9:10 p.m. UTC
Updated Sep 13, 2021 at 6:58 a.m. UTC

Ether prices have climbed back above $300 for the first time in more than two weeks.

The price of the cryptocurrency first crossed the $300 line after 15:15 UTC, according to CoinDesk market data, sliding back below that level an hour later. Ether's price has traded consistently above $300 since 18:15 UTC.

Ether, the underlying cryptocurrency of the ethereum, has consistently traded below the $300 level since September 12, and today's move signifes a break in the two-week lull seen since that date. At press time, ether is trading at around $306.

Cryptocurrency markets are on the rise today, with bitcoin trading moving back above $4,000. At press time, the price of bitcoin is trading at an average of $4,159.10, according to the CoinDesk Bitcoin Price Index (BPI).

Other cryptocurrencies have seen price gains during today's trading session as well. Among those is zcash, which is up more than 25% to trade around $290, CoinMarketCap data reveals, and NEO, which is trading around $31 on an increase of roughly 17%.

Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in Zcash Company.

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