Ethereum price: Why is Ethereum going up?

Ethereum grew by 7.81 percent over Tuesday, ending the day on $2,332.6 (£1,675.84).

The day wrapped up above $2,300 (£1,652) after breaking through the first crucial resistance level of $2,281 (£1,638).

The currency started at a morning low of $2,054 (£1,475), spiking towards highs of $2,349 (£1,687) before levelling out.

While other currencies such as DOGE and SafeMoon have moved on an unusual spike in popularity, Ethereum's notable boost comes from hardship.

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