Ethereum rose in value by 7% overnight

During the day Ethereum rose in price by 7% and approached the mark of $4.7 thousand. The value of the cryptocurrency has been growing for 5 days since the moment when on November 27 the price fell to 4 thousand dollars. Since then, the value of Ethereum capitalization has increased by 17.5%.

The rate of altcoin is approaching to the maximum, which was set on November 10. Data from catalogue cryptodefi​x. On that day, the maximum value of Ethereum was $4.86 thousand. As a consequence, the share of the asset on the market exceeded 20%, while the share of bitcoin fell to 38.7%.