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Ethereum updated the maximum on news about the launch of digital bonds

Avril, 28 2021
watermark Economic news

Ethereum, the world's second-largest cryptocurrency by market capitalization, reached a new peak on Wednesday amid news that the European Investment Bank (EIB) is launching digital bond sales on the Ethereum blockchain. As a result, Ethereum hit an all-time high of $2,725, up 5.5%.


Yesterday it was revealed that the EIB plans to issue a two-year digital bond worth €100 million, with Goldman Sachs, Banco Santander and Societe Generale leading the sale.


Experts note that the news of the EIB's digital bond issue prompted institutional investors to buy the token. They also noted a decrease in the supply of Ethereum in the market, which led to an increase in its price.


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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.