Ethereum breaks its all-time high.

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Greetings to all my dear readers and followers of this valuable community, continuing with my publications today I will share with you an important information for the cryptocurrency market and is that the second most important crypto market Ethereum (ETH) broke this October 21 its historical maximum.

As it is very well known by all of us the cryptocurrency market has become one of the most important markets in this last year, as the number of operations that are performed so demonstrate, definitely that shows that more and more are the people and investors who believe in this project of cryptocurrencies. The reference cryptocurrency in the market is Bitcoin (BTC) seconded by Ethereum (ETH), the latter has remained behind BTC for a long time, but this has not prevented it from creating its own growth within the market.

Currently ETH has positioned itself strongly in the market, so much so that many investors have made large operations with this cryptocurrency, in addition to this there are NFT games that manage within their market the ETH to acquire the NFT as is the case of the popular Axie Infinity game. All this has caused ETH to increase its value until breaking its historical maximum on October 21, when its value reached 4,297 dollars, thus surpassing the 4,200 dollars it reached in May of this year.

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But in the same way we must make it clear that ETH managed to reach this value not only because of its own operations, because like all cryptocurrencies it moves according to the price of BTC in the market and in recent days BTC has increased its value, affecting the rest of the cryptocurrencies that are also in this upward channel. But this does not detract from the importance of ETH's own growth within the market with a fairly sustained development, in addition to the use of ETH in the decentralized finance markets (DeFi) and as I mentioned above its participation in the NFT industry.

Above all, ETH has become one of the most important cryptocurrencies in the market causing many investors to bet on its growth and therefore profits can be obtained due to its positive movements, undoubtedly cryptocurrencies continue taking firm steps towards the definitive era of the largest cryptoasset market in the world, giving way to the new global economy where undoubtedly the countries of the world will have to adopt this imminent reality.

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