Ethereum (ETH) price history from 2015 to April 13, 2021

Throughout February 2021, the Ethereum price in US dollars continued to rise, nearly touching 1,800 US dollars at one point. It is the third most well-known cryptocurrency in the United States, after Bitcoin and Bitcoin Cash. Despite this, the majority of those polled had never heard of Ethereum.

What is a cryptocurrency?
Cryptocurrencies are digital currencies that are not governed by a central authority such as a government or a bank. They are generated by a process known as "mining," in which miners sell processing power to the currency's server in exchange for a certain amount of the currency. Any transaction is processed on a distributed ledger using a technology known as "blockchain" for security reasons.

The cryptocurrency market
Investors seem to be more involved in Ethereum and other cryptocurrencies than customers at the moment, owing to their price instability. As a result, many people are looking at the market cap of major cryptocurrencies. At the moment, Ethereum holds a sizable portion of the market, but newer coins are gaining traction.