Ether Starts at All time High Price Over $900

Ether has started the new year with an all-time high of over $900 this morning.

Last week it has been traded sideways and started to climb around midnight (UTC). According to CoinDesk’s Ethereum Price Index it topped out at the fresh high of $914.83 at 02:30 UTC.

Going by CoinMarketCap data, ether has risen 14.52 percent in the last 24 hours, and 13.62 percent over the last week.

The price gains come amid increased trading volumes, particularly in Asia, with Coinbene (Singapore), Binance (Hong Kong/Japan) and Bithumb (South Korea) all posting notable increases in the last 24 hours.

Currently, Ether’s market valuation stands around $85 billion, with a 79 million token rotation.

The news comes as the wider cryptocurrency market is generally seeing positive moves.

Today, most of the top 20 digital currencies are bullish. The market cap for all cryptocurrencies closed on a new record with an amount of $645 billion.