Measuring the Yearly Increase for ETH

Share Article
In Brief
  • ETH increased by 12,500% in 2017.

  • ETH decreased by 89.20% in 2018

  • In 2021, it has moved upwards by 391% so far.

  • promo

    Free Cloud Mining Providers to Mine Bitcoin in 2021

The Trust Project is an international consortium of news organizations building standards of transparency.

In this article, we will take a look at the price movement of Ethereum (ETH) and measure the increase each year, in order to see how it measures up to the current upward movement.

Sponsored



Sponsored

ETH had its most bullish year in 2018, while its most bearish year right afterwards, in 2019.

For the ETH price history analysis click here.

Sponsored



Sponsored

ETH from 2018 to 2020

In 2016, ETH was in the initial stages of its first market cycle. ETH increased from a low of $0.76 to a high of $10.10. However, the upward portion of the movement lasted for only the first part of the year, while the second part was corrective. Afterwards, the price settled on a close of $8.07 for the year.

All in all, the token managed to increase by 1070% in 2016. 

Afterwards, ETH increased for the entirety of 2017, with the exception of July and Sept. It managed to close the year at $863, an increase of 12,500% for the year. So far, this has been the most bullish year in ethereums price history.

Finally, the token decreased for the majority of 2020. It dropped by roughly 57% in March alone, and ended the year with a decrease of 89.20%, settling on a low of $130.86.

Chart By TradingView

ETH from 2020 until now

2019 was a year of considerable price movement. However, the end result was only an incremental change in the price. While at one point the price had moved upwards by 178%, reaching a high of $363.29, it fell once more and proceeded to close the year at $128.59 , a loss of 1.67% 

2020 was a more bullish year, since it saw the token reclaim a big part of the losses from 2018. The price moved upwards by 488%, closing the year with a high of $737.45, an upward movement of 488%. 

It has also been moving upwards in 2021, reaching a new all-time high of $3609 on May 6. Therefore, it has increased by 391% so far.

Chart By TradingView

Conclusion

To conclude, ETH increased by the following amount each year: 

  • 2016 :1070%
  • 2017 :12,500%
  • 2018 : – 89.20%
  • 2019: -1.67%
  • 2020: 488%
  • 2021: 391% 

For BeInCrypto’s latest bitcoin (BTC) analysis, click here.

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.
Sponsored
Share Article

Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

Follow Author

Crypto predictions with the Best Telegram Signal with +70% accuracy!

Join now

Token which expects a significant increase in price

Read now

Market signals, studies and analysis! Join our Telegram Today!

Go