Ether Moves Above $2,500 in Binance Market Snapshot on Oct. 21

Ether (ETH) traded at 2,502.48999 USDT on Binance’s ETH/USDT market at 11:29 a.m. ET (15:29 UTC) Oct. 21, putting the asset above the $2,500 threshold. The quoted price was denominated in USDT.

A later market snapshot at 12:31 p.m. ET (16:31 UTC) showed ETH at $2,506.50, within a 24-hour range of $2,423.09 to $2,513.81. Both observations placed the asset above $2,500.

The Nasdaq Composite rose 1.1% to 26,702.86 at the Oct. 21 close, while the S&P 500 gained 0.6% to 7,757.17. The benchmarks’ closing figures came after the 11:29 a.m. ET Ether reading.

SpaceX released its third-quarter results after the market close on Oct. 20. Revenue for the quarter ended Sept. 30 was $14.575 billion, up 161% from $5.576 billion a year earlier. Net income was $4.404 billion, compared with a net loss of $1.054 billion a year earlier.