The Ethereum token has crossed $100 (£77.20) for the first time

The Ethereum token has crossed $100 (£77.20) for the first time (it's now being advertised to speculators on ZeroHedge), leading a charge of cryptocurrency price hikes, which reflect an uncertain geopolitical environment.
While Le Pen in France is unlikely to send us down the path to a more fractured future, the mere threat to the euro is enough to vitiate crypto prices. And that said, Italy is still stumbling round in the dark and there are storm clouds on the horizon with Trump's
belligerence in North Korea, the crisis in the Middle East etc.
Charles Hayter, CEO of CryptoCompare is an expert on cryptocurrency price movements. He said a shock result for Le Pen would certainly benefit non-state cryptos but the probability of such outcomes is receding for the time being.
He suggested some other likely drivers behind the crypto bull run: "Gold doesn't seem to be reacting and Bitcoin/cryptos generally jump with a higher beta at those peak moments of international tension and emotion.
SOURCE