Ethereum exchange rate exceeds $500 for the first time

Ethereum Price

ethereum coin

Another cryptocurrency set a record exchange rate on Wednesday, November 29. This time Ethereum, being the second most capitalized cryptocurrency, exceeded the historical mark of $500.

As of 13:15 UTC, the weighted average ETH rate was $519.85 according to Coinmarketcap. During the past day, the cryptocurrency’s price has grown by 10.17%, and within the last seven days, this index has reached 42.01%.

Ethereum’s capitalization is close to its highest value level – it is estimated at $49.9 billion at the moment.

Earlier today, the weighted average Bitcoin rate has exceeded the $11,000 mark. Monero, Litecoin, and Dash have also set new price records.

The aggregate cryptocurrency market capitalization is estimated at $338.9 billion now, and Bitcoin accounts for 54.9% of it.