RATE Group | Ethereum jumps back over the $180 mark, but for how long?
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Ethereum jumps back over the $180 mark, but for how long?

08 Oct Ethereum jumps back over the $180 mark, but for how long?

Posted at 03:29h in Ethereum News by

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It’s been a relatively good day for crypto traders so far, as virtually all of the top-20 cryptocurrencies by market cap are in the green, according to data from Messari.

Bitcoin, for example, is still trading above the $8,250 per coin mark, after another brief, but ugly, fall into the $7,000 range roughly 24 hours ago. Meanwhile, Bitcoin Cash is up to about $236—a near-$13 increase since Friday—and Litecoin is trading for just shy of $59.

Ethereum, however, is currently one of the day’s biggest winners, up from yesterday’s price of $170 per coin to above $180 today. According to FXStreet, Ethereum trading volume on the popular U.S.-based crypto exchange Coinbase has increased heavily. While this is good news for ETH holders, the $180 range has proven to be a difficult resistance level in the past for the world’s second-largest digital asset. 

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At the same time, Ethereum has made…

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