Boom! Ethereum soars over landmark $US3000 level

Ethereum has surged over the landmark $US3000 level this morning, just two and a half months after it breached the $US2,000 mark for the first time.

Ether crossed the $US3,000 barrier at 11.39am AEST on Monday and quickly pumped as high as $US3,025 ($3,917) minutes later.

At noon it was trading for $US3,020 ($3,910), up 2.6 per cent in the past 24 hours, 31 per cent in the past week — and 14-fold in the past year.

There was:

Cheers to $3K $ETH pic.twitter.com/6h3XPjwggl

— K A L E O (@CryptoKaleo) May 3, 2021

me when $ETH finally breaks $3,000 pic.twitter.com/baBkYa2htX

— LilMoonLambo (@LilMoonLambo) May 2, 2021

#Ethereum is getting ready for $3,000 and we’re still just starting.

And I do remember the people who called $ETH dead.

— Michaël van de Poppe (@CryptoMichNL) May 2, 2021

ETHEREUM HIT $3,000 🚀🚀🚀 pic.twitter.com/WYCIyyux3m

— LilMoonLambo (@LilMoonLambo) May 3, 2021

Overall the market was actually fairly mixed with about half of the top 100 coins in the red over the past 24 hours, although none were down more than six per cent.

Bitcoin was trading at just over $US58,100 ($74,734), up 0.8 per cent from 24 hours ago, after a brief dip on Sunday.

The biggest gainer among the top 100 coins was OKB Coin, which was up nearly 30 per cent to $US42.42, and earlier this morning had hit an all-time high of $US44.01.

sETH, Maker, Serum, Venus, Leo Token and cETH all hit all-time highs at the same time as Ethereum, according to Coingolive.

Waves, Compound, Solana, DigiByte, Binance Coin and Huboi Token were the other top 100 coins to hit fresh all-time highs in the past day, according to Coingolive.

None of the top 20 coins were up more than 10 per cent but sentiment was bullish and many traders were optimistic that a huge week was ahead.

Crypto twitter is fucking wild this week.

Rugs, boxing matches, millions donated to charity, FBI getting called in, kids making retirement money off a few grand you can’t make this shit up if you tried.

— CryptoCharles (@CryptoCharles__) May 2, 2021