Ether price is witnessing a breakout on the back of increasing institutional interest in Bitcoin and the crypto market in general. The increased bullish sentiment pushed Ether price up above $2,400 briefly on Jan. 2 before the price pulled back slightly. The fact that ETH trades above $2,300 could indicate that increased attention is shifting toward Ether and over the past year, the altcoin has seen its price rise by 97.1%.
