Why Is Ethereum (ETH) Still Trading Below $2,000?

Why Is Ethereum (ETH) Still Trading Below $2,000?

Ethereum (ETH) has not kept up with Bitcoin’s growth over the last week the way it normally would. While the largest cryptocurrency by market cap has now broken above $30,000, ETH is still trending below $2,000, a price point that should’ve already been broken given the current recovery trend in the crypto market. So why is Ethereum still trading below $2,000? Market Waiting Out Ethereum Upgrade The Ethereum Shapella upgrade is scheduled to take place on April 12 and anticipation around the upgrade is already building. However, instead of pushing the price of the digital asset up as....

Related News

Bitfinex to Enable Ethereum Shorting and Margin Trading

The Bitcoin exchange and trading platform, Bitfinex has included Ethereum as one of the tradable crypto-assets. Users will be able to trade ETH/BTC and ETH/USD pairs from Monday. The phenomenal rise of Ethereum in the recent months is hard to ignore. The Ethereum cryptocurrency has gained over 100 percent in the past few months, increasing its demand among the cryptocurrency community. The increasing value combined with a positive outlook for Ethereum as a cryptocurrency and a platform has certainly kindled interest among crypto-traders. Ethereum-Bitcoin and Ethereum-US dollar are widely....

BitBay Offers Ethereum Trading Against Fiat And Bitcoin

BitBay is one a mission to bring not only Bitcoin, but also Ethereum trading to Poland. Thanks to a variety of trading markets, users can trade ETH against PLN, Bitcoin, EUR, and US Dollar. All in all, this seems to be very positive news for Ethereum, as the Ether token becomes more widely available. Even though it is rather easy and somewhat convenient to trade Ethereum across the major exchanges already, it is always good for to see more localized platforms expand their business. In the case of BitBay, a Polish digital currency exchange, the addition of Ethereum will hopefully help put....

Gatecoin Announces Re-Launch of its Trading Platform

The cryptocurrency and blockchain exchange announced today that it will be relaunching its trading platform after suspending trading earlier this year following a breach on its system. Hong Kong-based Gatecoin has unveiled in a blog post that trading will recommence on Wednesday, August 17 at 08:00 GMT. Clients will be able to trade and transfer BTC, DGD, DAO (withdrawals only), REP (trading only), EUR, USD, and HKD, with no trading fees until September 1, 2016. Partial withdrawals of Ethereum (ETH) will be enabled to ETH holders who have been affected by the hack. Gatecoin is also....

TA: Why Ethereum Could Rally To $2,000 If It Clears $1,850

Ethereum managed to remain stable above $1,750 against the US Dollar. ETH price is now eyeing an upside break above the $1,850 and $1,880 resistance levels. Ethereum started a fresh increase after trading towards the $1,650 support zone. The price is now trading well above $1,750 and the 100 hourly simple moving average. There is […]

Ethereum Could Soon Rally Up to 180% Against BTC as Strength Mounts

Ethereum and Bitcoin have both seen significant declines against their USD trading pairs today This came about after the benchmark cryptocurrency raced to all-time highs and posted a rejection at this level, pointing to underlying weakness amongst bulls ETH’s BTC trading pair, however, has remained stable, as the two digital assets moved lower in tandem This is a positive thing for Ethereum, as one analyst is noting that ETH/BTC’s current strength indicates that this trading […]