Ethereum price finally beats its 2018 all-time high, surpassing $1,428

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Ether (ETH), the largest altcoin by market cap, finally reached new all-time highs against the U.S. dollar on Jan. 19.

ETH/USD 1-hour candle chart (Bitstamp). Source: Tradingview

Ether price is back after 3 years

Data from Cointelegraph Markets and TradingView showed ETH/USD beat its existing record during Tuesday trading, passing $1,428 on Bitstamp.

The achievement, which resets a price ceiling in place since Jan. 13, 2018, came as Ether gained 15% on the day, with year-to-date returns at nearly 100%.