Ether Breaks Above $2,550 as Spot Price Reaches $2,554

Ether (ETH) moved above $2,550 to reach $2,554 in spot trading at 2:01 p.m. ET (18:01 UTC) on Oct. 7, marking a move higher for the second-largest crypto asset by market capitalization.

ETH traded at $2,554 on Binance at 2:01 p.m. ET (18:01 UTC). The price was $2,549 15 minutes earlier, while the one-hour change stood at a 0.57% decline.

The move marked a short-term break above the $2,550 level.