ethereum price

The bears are wrestling back control over the crypto markets. Bitcoin all but ceded its $60 000 support today, while Ether has suffered a more drastic fall below $4000. This marks an unexpected pullback in what is traditionally a bullish time of year. However, HODLers remain optimistic, viewing the correction as a good time to buy. Squeezing Out The Leverage Traders Data from CoinGecko shows the total cryptocurrency market cap dipping below $2.6 trillion earlier today. This marks an over…

Ethereum was on Thursday 26th, still on a bearish trend which marked its start on 23rd August. The current price actions of ETH could open for an even further price plunge or a possible reversal. Also, Ethereum's price patterns impacted top DeFi coins.  Ethereum Price Analysis Ethereum, the second-largest crypto by market cap, was on Thursday, still on a bearish trend. According to coinmarketcap, ETH lost about 4.18% of its price in 24 hours between 25th and 26th of this…

The current market charts of the crypto world show some substantial increases in price, especially in the top-performing assets. Bitcoin and Ethereum have been on a long Bull run, and it seems like Cardano and Binance Coin are also following the course. Bitcoin Bullish Trend Bitcoin has, in the last two weeks, been on continuous price recovery. Currently, the coin is trading at around $47.1k, which is a 1.74% rise in 24 hours. However, the coin immediately dropped back to…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,950 trillion. Bitcoin is up by roughly 5% after another successful weekly run. Ethereum has increased by over 4% over the past seven days. XRP records a spectacular 60% value boost over the week. Dogecoin, Polkadot, and Cardano end the week with significant value boosts. The DeFi sector added almost $1 billion to the…

The highly anticipated Ethereum (ETH) hard fork upgrade code-named London is scheduled on the ethereum network on Thursday, according to the countdown on Ethereum.org.  The primary improvement in this hard fork will be a change in how transaction fees work. But, unfortunately, it will also start to destroy coins to trim the pace at which the supply of Ether tokens grows. The upgrade EIP-1559 will ultimately affect how the network handles transaction fees. The move will make transaction fees more…

Tech billionaire and Tesla CEO Elon Musk gave ETH bull the impetus they needed to surmount the $2K hurdle by revealing that he holds large amounts of the altcoin. He also confirmed that he personally owns bitcoin and Dogecoin. Musk was speaking at the B-Word cryptocurrency conference held on July 21, which featured other big names such as Twitter CEO Jack Dorsey and ARK Investment founder Cathie Wood. The Crypto Council established the forum for Innovation to help demystify bitcoin…

The new year started with a bang as Ethereum managed to rocket from $770 to hit $1,151 in just 48 hours – a level last seen in January 2018. The rally came about as ETH gained momentum following big brother bitcoin's colossal uptrend over the same period. The latest push higher by ETH has many speculating that the popular altcoin is well poised to soar to a new all-time high. Although 2020 will be remembered as the year of BTC,…