Hot on the heels of Bitcoin’s record-breaking bullish rally over the past few weeks, it would seem that Ethereum, the world’s largest altcoin, is intent on breaking a few records of its own. On the back of a year that noted mixed fortunes for the altcoin’s community, ETH finally surged above the much-anticipated $1000-mark, a level it last touched back in February 2018.

At the time of writing, ETH had surged by over 10% in a matter of 12 hours.

This is a big deal for the altcoin, especially since Ethereum’s $1000-breach came within hours of it breaching the $850-mark. Ergo, it is evident that the hike in ETH’s price has been perhaps as exponential as the one registered by Bitcoin, with the world’s largest cryptocurrency also knocking off one resistance level after another over the past week.

This article is being updated….