RATE Group | Ethereum Price Fails To Keep USD 190, Trims Weekly Gains
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Ethereum Price Fails To Keep USD 190, Trims Weekly Gains

11 Oct Ethereum Price Fails To Keep USD 190, Trims Weekly Gains

Posted at 15:33h in Ethereum News by

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Ethereum Price Fails To Keep USD 190, Trims Weekly Gains 101
Source: iStock/junce

The price of the second coin by market capitalization, ethereum (ETH), fell below USD 190, while its weekly gains are 4 percentage points lower than just a day ago.

This entire week for Ethereum was dominated by Devcon it seems, which is an annual conference organized by the Ethereum Foundation, with the fifth one held just this week in Osaka, Japan. Nonetheless, the coin has had quite an adventurous week price-wise. Though it was in the green the whole week, and it seemed that it might continue its upward trajectory, it failed to hold the USD 190 level.

ETH price chart:

Ethereum Price Fails To Keep USD 190, Trims Weekly Gains 102
Source: coinpaprika.com

During the conference, discussions were led on the transition from Ethereum 1.0 to Ethereum 2.0, which garnered Cryptoverse’s attention, bringing with it both support and criticism. The Ethereum’s native token’s price continued to climb, reaching USD 183 on October 9th. Meanwhile, Joseph Lubin, co-founder of Ethereum and founder of blockchain company ConsenSys,…

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