Ethereum rises to its highest level since December last year, with over 70,000 people being liquidated in the cryptocurrency market in the past 24 hours.

After the sharp rise of Bitcoin, other cryptocurrencies such as Ethereum also began to collectively soar. As of the time of writing, Ethereum rose above $3760 per coin, the first time since December of last year. Data shows that in the past 24 hours, over 70,000 people worldwide have been liquidated in the cryptocurrency market.