RATE Group | Ethereum 2.0 Roadmap Unveiled as ETH Price Hits Yearly Low
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Ethereum 2.0 Roadmap Unveiled as ETH Price Hits Yearly Low

07 Sep Ethereum 2.0 Roadmap Unveiled as ETH Price Hits Yearly Low

Posted at 16:43h in Ethereum News by

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Ethereum continues its highly mixed fortunes this week as talk of development milestones contrasts with Ether (ETH) hitting its lowest price in a year.

Troubled Times For ETH

Data from Coinmarketcap confirms that ETH/USD 00 currently trading at around $225 marks the pair’s lowest level since mid-September 2017.

Downward pressure on the largest altcoin had increased in recent days after Bitcoin suddenly fell by almost $1000 on controversial claims Goldman Sachs had shelved its cryptocurrency product plans.

Ethereum futures

While investor confidence in Bitcoin remains broadly unfazed, altcoin holders have long since begun to worry, with ETH attracting particularly vocal no confidence votes in recent months.

As Bitcoinist reported in July, for example, a dedicated “Bearish Thesis” on the asset from Tetras Capital painted a grave outlook, claiming its already deflated price was still “significantly overvalued.”

Speaking to CNBC this week meanwhile, commentators pointed to similar motivating…

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