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Ethereum prices skyrocketed to over $1000 USD this week as the #2 crypto currency by weight follows bitcoin’s lead.

ETH / USD weekly chart

The furious pace has investors watching as Bitcoin/Ethereum dominance hovers around 80%, in the now near $1 trillion dollar cryptocurrency market.

Bitcoin and Ethereum dominance as of 1-6-21

ETH / BTC continues to consolidate under resistance, indicating possible breakout. Confirmation of a 3 year trend reversal could lift ETH / USD prices to all time highs ($1500 USD) and beyond.

Ethereum / Bitcoin weekly

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