Cryptocurrency markets and Ethereum have been trading in a volatile range, with the overall market continuing to show signs of strength. Ethereum, the second-largest cryptocurrency by market capitalization, rose to a new all-time high of $2,722.30 earlier today before retreating to $2,664.58 at the time of writing. Ethereum has gained over 10% in the past 24 hours, with the coin trading up nearly 50% in the past 7 days.