In-depth analysis of Ethereum’s (ETH) historical price fluctuations since its launch in 2015, covering key events and influencing factors. This article provides a comprehensive guide to help understand ETH price action, from its initial price of $10 to its record high of $4,800 in 2021.
Ethereum Historical Price Detailed Table: Deeper Understanding of ETH Price Movements
Highlights:
- A complete review of Ethereum’s historical price
- Key price events and influencing factors
- Understanding ETH A comprehensive guide to price performance
Historical prices by year:
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2015:
-
2016:
- Significant price swings: $8.60 - 14.94 USD
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2017:
-
2018:
- Bear: 86 USD
- Stable: $115
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2019:
- Range-bound: $140 - 330 USD
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2020:
- COVID-19 Collapse: $90
- Recovery: 690 USD
-
2021:
- Bull: 4800 USD
- Sell: 2200 USD
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2022:
- Bear Market: 900 USD
- Bounce: 1400 USD
Key Price Events:
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2016 Ethereum Hard Fork: The network split into ETH and ETC, causing the price to drop.
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2017 ICO Boom: Surge in demand for ETH sent the price soaring.
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2018 Cryptocurrency Winter: The entire cryptocurrency market fell sharply, and ETH was also affected.
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2020 DeFi Boom: A surge in ETH-based decentralized finance (DeFi) applications has boosted ETH prices.
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Bitcoin Bull Run 2021: Bitcoin’s surge has led to other cryptocurrencies, including ETH.
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Terra Crash 2022: The collapse of stablecoin UST triggered a sell-off in cryptocurrencies, including ETH.
Influencing Factors:
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Bitcoin Price: Bitcoin tends to act as a leader in the cryptocurrency market with its price Changes will affect ETH.
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News and Events: News and events regarding ETH, such as hard forks and regulatory updates, can affect its price.
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Developer Activity: Developer activity and innovation in the ETH ecosystem creates value for it and drives up the price.
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Inflation: ETH’s inflation rate will affect its supply and demand balance, thus affecting the price.
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Altcoins: Competition from other cryptocurrencies, such as Solana and Cardano, could dilute ETH’s market share and impact its price.
The above is the detailed content of Ethereum (ETH) price list over the years. Complete historical price trend of ETH since its birth.. For more information, please follow other related articles on the PHP Chinese website!
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