Ether’s price rallied on April 1 as news emerged that the launch of Privacy Pools on Ethereum has received Vitalik Buterin’s backing.
Ether (ETH) price rallied nearly 3% over the past 24 hours, reaching a high of $1,866 on April 1. The top altcoin’s daily trading volume increased by 27% to $15. billion as ETH climbed above $1,800.
ETH/USD four-hour chart. Source: Cointelegraph/TradingView
Several factors are behind Ethereum’s bullishness today, including: