Ethereum hits new all-time high near $2K as analyst says 2021 bull run is different

Ether (ETH) hit fresh all-time highs and neared $2,000 for the first time on Feb. 18 as momentum returned to trading.

1-day candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets and Tradingview showed ETH/USD coming within 4% of the $2,000 barrier on Thursday.

BTC and ETH year-to-date performance. Source: Digital Assets Data
Coinbase ETH outflows chart. Source: CryptoQuant