- Ethereum is still holding ground in the second spot on the market with a market cap of $14.2 billion.
- If ETH/USD fails to recover above $140 a trend reversal is the most likely move.
ETH/USD has hit a snag short of $140 amid the market’s general recovery. The total market capitalization has increased and crossed above the $140 billion mark to the current $142.5 billion. The current gains have led to a recovery in Ethereum’s daily trading volume which has hit $5 billion from $4.9 billion at the close of the session yesterday. Ethereum is still holding ground in the second spot on the market with a market cap of $14.2 billion.