RATE Group | Ethereum Price Watch: Currency Garners Confidence from Elon Musk
40549
wp-singular,post-template-default,single,single-post,postid-40549,single-format-standard,wp-theme-bridge,wp-child-theme-bridge-child,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Ethereum Price Watch: Currency Garners Confidence from Elon Musk

30 Aug Ethereum Price Watch: Currency Garners Confidence from Elon Musk

Posted at 02:09h in Ethereum News by

[ad_1]

At press time, the second-largest cryptocurrency by market cap and the number one competitor to bitcoin is trading for roughly $287. That’s about two dollars less than where it stood yesterday afternoon.

The good news is that Ethereum is remaining in the high $280 range, and a two-dollar stumble probably isn’t anything to worry about. For the most part, the entire crypto market seems to be in the green, with entities like bitcoin having broken the $7,000 line over the past 24 hours and getting the ball rolling on a potential bull run for most major assets. While Ethereum only rose about $16 from its previous figure, the currency is showing signs of strength by remaining where it is and jumping alongside its bitcoin “father.”

ETHUSD: ETHUSD approaching resistance, potential drop!

Interestingly, the currency seems to be garnering newfound attention and support from Elon Musk – the billionaire and entrepreneur behind Tesla vehicles. It was recently reported by a San Francisco-based tech news aggregator that Twitter was…

[ad_2]

Source link