Ether-Dollar Reference Rate posts 23.2% return in Feb'20 amidst record breaking volumes

Ether-Dollar Reference Rate posts 23.2% return in Feb'20 amidst record breaking volumes
  • Best monthly return for ETH-USD Reference Rate since May'19 and second best month on record
  • Aggregate volumes in Feb'20 (534,707 ETH, $130.5M) smash all previous records - Dec'18 (457,417 ETH) and May'18 ($79M)
  • Feb 15th 2020 saw all-time record dollar volume of $15.9M, topping the previous high of $11M set on Nov 21st 2019
  • Month high of $279.94 (Feb 19th) is highest since July 10th 2019
  • Volumes recorded surged 127.8% vs Jan'20

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell any of the underlying instruments cited including but not limited to cryptoassets, financial instruments or any instruments that reference any index provided by CF Benchmarks Ltd. This communication is not intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. Please contact your financial adviser or professional before making an investment decision.