RATE Group | Ethereum price (ETH/USD) pulls back after reaching one-week high
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Ethereum price (ETH/USD) pulls back after reaching one-week high

14 Sep Ethereum price (ETH/USD) pulls back after reaching one-week high

Posted at 14:31h in Ethereum News by

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Ethereum price (ETH/USD) pulls back after reaching one-week high

The Ethereum price (ETH/USD) has managed to defend the $200 mark on Friday, despite experiencing a significant pull-back that erased its early gains.

The second-largest digital currency on the market had a strong trading session yesterday, continuing its recovery the new 2018 low it reached on Wednesday. Ethereum’s advance accelerated in the afternoon, allowing the coin to break through the $200 barrier for the first time in three days. The coin rose to as high as $214.00 – at that time its highest price level since September 8 – before finishing the session at $211.35, up from its opening level of $183.68.

Ethereum continued to push forward in the early hours of today’s trading, with its price rising to a one-week high of $222.79. While the cryptocurrency has since pulled back amid what appears to be a market-wide price correction, it has still remained well above the $200 mark. At the time of writing, the Ethereum…

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