While Bitcoin has exhibited a stagnating monetary trend over the course of the last week or so, showcasing minor gains of just 3%, its crypto cousin Ether (ETH) seems to be on a roll by not only holding its own against the U.S. dollar but also consistently floating around the $1,300 threshold, and now ultimately, briefly surpassing the all-time high value of $1,428.
It’s interesting to note that unlike Bitcoin (BTC), Polkadot’s DOT and Chainlink’s LINK, as well as a host of other decently sized altcoins, ETH is one of the few premium digital assets to have not surpassed and stuck above its ATH through the course of this current bull cycle. According to some, the currency’s macro trend outlook looks “ridiculous bullish,” and if the currency is able to close above its previous ATH value, it’s touted to quickly ascend to around the $2,800–$3,200 region.
Why is Ether leaving centralized trading platforms?
Is the incoming Ether boom real?
A bright future for Ether?
Continue Reading on Coin Telegraph
