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Why is Ethereum (ETH) price up today?

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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:

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