Huge Ethereum buy wall sends ETH to a 19-month high against Bitcoin

Cointelegraph

Published Sep 01, 2020 07:42AM ET

Updated Sep 01, 2020 09:20AM ET

As the price of Ethereum’s Ether (ETH) surpassed $450, a huge buy wall on the major cryptocurrency exchange Bitfinex emerged. Shortly thereafter, ETH achieved $270, a 19-month high against Bitcoin (BTC).

Throughout the past two months, ETH has sustained strong upwards momentum buoyed the rising user activity on Ethereum.

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