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Ether Price Targets $160 as Altcoins Rally and BTC Trades Sideways

Published 12/12/2019, 11:55 PM
Updated 12/13/2019, 01:41 AM
© Reuters.  Ether Price Targets $160 as Altcoins Rally and BTC Trades Sideways

Altcoins continue to take advantage of Bitcoin’s sideways trading and traders who take a quick glance at the altcoin-to-Bitcoin pairings at their exchange of choice will notice that many of the altcoins are again posting double-digit gains.

At the time of writing, THETA is up 13.26%, KyberNetwork (KNC) 18% and TomoChain (TOMO) has rallied 16.09%. Ether (ETH) has failed to mirror these results but as the end of the 2019 approaches, the altcoin is still looking to close the year with a 35% gain.

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