How The Ethereum Rally Is Propping Up Large Cap Cryptocurrencies
Data shows the large cap cryptos have been outperforming the others this month so far, thanks to Ethereum’s latest rally. Ethereum’s Dominance Has Gone Up Over 3.4% During The Past Week As per the latest weekly report from Arcane Research, the large cap index has observed 28% gains in the month of June so far. […]
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Technology exists to serve people. Today, the situation is nearly reversed. Each of us is just propping up an engagement graph somewhere.
The price of Ethereum has experienced a notable decline following a major Ether sale this week. The unexpected decrease has left the crypto community anxious about the stability of the world’s second-largest cryptocurrency and the long-term effects of the decline. Ethereum Price Drops After Large-Scale Ether Swap On Monday, October 9, the price of Ethereum declined following an extensive Ether swap by the Ethereum Foundation, a non-profit community-run organization dedicated to enabling better human coordination. Related Reading: These Bullish Factors Prove XRP Price Rally Is Not Over....
Raoul Pal says higher risk altcoins are likely to follow Ethereum, which rose 60% in the first two weeks of 2021. As the cryptocurrency market is showing signs of bullish continuation on Jan. 15, Raoul Pal, the CEO of Real Vision Group and an avid Bitcoin (BTC) investor, is optimistic about the price of Ether (ETH). Pal also says he's looking to add “higher risk alts.”ETH/USDT 4-hour price chart (Binance). Source: TradingView.comIs an altseason coming?Following Bitcoin’s rally above $42,000, many alternative cryptocurrencies, or altcoins, have indeed performed strongly, which is....
Real Vision CEO and co-founder has predicted that Ethereum is set to begin a 300% rally. Pal has always been a staunch advocate of the cryptocurrency and numerous times has he made his stance on the digital asset clear. Pal is a supporter of cryptocurrencies, with 100% of his investment portfolio consisting of cryptocurrency assets […]
Ethereum has been following the general trend in the crypto market, giving back its profit obtained over the past week. The cryptocurrency was moving in tandem with Bitcoin and large cryptocurrencies, but now ETH’s price is reacting to new economic data published in the United States. Related Reading: Bitcoin Leverage Ratio Hits New ATH, Market In For A Rough Ride? At the time of writing, Ethereum trades at $1,300 with a 2% loss and sideways movement in the last week. Other cryptocurrencies in the top 10 by market capitalization record similar price action with the exception of XRP. This....