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Ether price cracks $2K amid staking withdrawals enabled post-Shapella upgrade

Despite some fears of a new supply of Ether (ETH) hitting the markets after the much anticipated Shapella update, ETH surpassed the $2,000 price point almost a day after the upgrade.

Data from Cointelegraph Markets Pro shows that the token entered the $2,000 level on April 13, the highest level reached since August. The surge comes after the successful Shapella upgrade implemented at 10:27 pm UTC on April 12.

Ether hitting the $2,000 mark. Source: Cointelegraph Price Index

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