Ethereum Price: Small Gain Pushes Value Past $600 Again


The momentum across all cryptocurrency markets has seen many ups and downs over the past ten days. That situation will not come to change anytime soon, even though the current trend is seemingly rather positive. If the Ethereum price is any indication, things may effectively pick up steam from here on out. Ethereum Price Rise Materializes Over the past 24 hours, there has been a small Ethereum price increase investors will have taken notice of. More specifically, it seems the market has seen a small influx of fresh capital, resulting in a slightly higher trading volume and an Ethereum price which now sits above $600 once again. On paper, a 2.25% price increase is nothing to get overly excited about whatsoever. Given the cryptocurrency price momentum users have witnessed throughout the second half of 2017, this latest trend is rather unspectacular first and foremost. Even so, the Ethereum price is slowly rising again after a very rough start to the year 2018. There’s still a lot of work to be done prior to a new Ethereum price all-time high. It is also interesting to note how this Ethereum price increase has materialized despite a decline in the ETH/BTC ratio. Both of such trends are not mutually exclusive by any means, but it is evident a lot of exciting things are happening in the world of cryptocurrency as of right now. If Ethereum can increase its ratio over Bitcoin, future price gains loom on the horizon. With $1.744bn in 24-hour trading…
Source: Ethereum Price: Small Gain Pushes Value Past 0 Again

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