Ethereum Spikes 60% in February; Factors Behind Crypto’s Spectacular Rally

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In the past seven days, the valuation of the crypto market has increased by $20 billion as the Ethereum price surged by 10 percent on the day. Since early February, the Ethereum price has spiked from $102 to $163 by 60 percent against the U.S. dollar. Some analysts have suggested that the strong price movement of Ethereum may have pushed the valuation of the crypto market to rapidly increase in the last three weeks. Why is Ethereum Moving So Fast and What’s Behind the Crypto Rally? In December of last year, economist Alex Krüger said that in the long run,

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