Ethereum Is Back Above $2,000 After Red Weekend

The second largest cryptocurrency ETH has now recaptured the $2,000 price mark and at the time of writing it is changing hands at $2,056, as per the data provided by CoinMarketCap.

Over the past twenty-four hours, ETH is showing a rise by 11.27 percent.

On Friday, June 25, Ethereum dived below this support line and spent the weekend trading below it with $1,730 being the lowest level hit over Saturday and Sunday.

Image via CoinMarketCap

On Saturday, U.Today reported that as validators keep depositing their ETH to the Ethereum 2.0 contract the TVL locked constituted 5.08 percent of the overall ETH supply on that day.


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