Bitcoin affecting the altcoins, and Ethereum price analysis tells the same tale. Whenever Bitcoin price makes a move on the market was an old thing but these days, good old fear, uncertainty, and doubt (FUD) come into play-this still isn’t any good for the altcoins.
Ethereum (ETH) was having astable enough price tag hung up to it after yesterday’s Bitcoin (BTC) price decline that rallied it below the eleven ($11,000) thousand dollars mark. ETH price is down by almost twelve percent (11.90%) in the past twenty-four hours (24hrs). ETH price stands at one hundred and eighty-three dollars down from two hundred and seven dollars ($207).
ETH price held its ground [...]
ETH is steadily shedding its valuation against the U.S.Dollar since today morning. The coin even had a close near $207. Meanwhile, Bitcoin has declined from its price above $11800, to near $11700.
Yesterday, Ethereum opened with its price above $225 and within a day, the price scenario has changed drastically. Till 16:00 UTC yesterday, ETH was fairly above $220 and with an extended fall, the coin dipped near $215 at 18:06 UTC. Before nearing the end of the day, ETH managed to rebound above $221 [...]
Ethereum’s price rise throughout 2017 was strongly influenced by the rise of numerous ICOs which brought about a new method of crowdsourcing. As ICOs minted ERC tokens and typically sold them for ETH, most have held onto their ETH and continue to do so. Each and every ICO that continues to hold large sums of ETH represents a potential for further price capitulation. ETH’s price may remain stale from a fundamental standpoint until dApp use or Security Token Offerings gain in popularity.Ethereum (ETH) has dropped 15% over the past week and is currently down 81% from the record high set in January. The market cap stands at US$27.9 billion, with US$1 billion traded in the [...]
The world’s second largest cryptocurrency finds itself in a strong position today as prices begin to stabilise.
Having suffered a shaky few weeks, Ethereum prices have pushed past $500, registering a 1.89 percent increase.
As of 5:30pm today, ETH was trading at $513.51.
The push up past $500 and the timing, mean Ethereum could bounce back to higher prices than ever.Is Ethereum on the rise?
Holding the second largest market volume in the entire crypto-market, Ethereum is [...]