Ether Price Nears $300 as Bitcoin, DeFi Tokens Fuel New Bull Run

Cointelegraph

Published Jul 25, 2020 05:38AM ET

Updated Jul 26, 2020 07:40AM ET

Ether (ETH) price has shown an incredibly strong performance this week, rising more than 22% since the start of the week and currently less than one dollar away from setting a new high for 2020.

As reported by Cointelegraph, the upcoming Ethereum 2.0 upgrade and the explosive growth of the decentralized finance (DeFi) sector are being attributed to the current bullish sentiment surrounding the second-biggest cryptocurrency by market capitalization.

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