Bitcoin remains the most influential cryptocurrency, but over 7,000 cryptocurrencies and other digital assets exist.
Ethereum is leading what is known as Altcoins, and it is the second-largest cryptocurrency by market capitalization. Bitcoin and Ethereum both suffer from excessive network fees and scaling problems, and the third generation of cryptocurrencies is where the most significant potential emerges. They incorporate fixes to existing issues and continue to gain market share in one of the most competitive sectors. Adoption gathers pace, but global regulators pose a threat and challenge to all assets in this class. Binance Coin, owned by cryptocurrency exchange Binance, stablecoin Tether, Cardano, Polkadot, XRP, Uniswap, and Litecoin are some of the more prominent cryptocurrencies to monitor. There are dozens of other exciting projects, from privacy coin Monero to rising star Dogecoin, Tron, Cosmos, Neo, BAT, and QTUM. Rather than trying to be everything to everyone, like Bitcoin and Ethereum, third-generation cryptocurrencies address specific challenges and offer a real-world application today. The growth of decentralized apps or dApps and non-fungible tokens (NFPs) add another layer of in-demand solutions to existing issues, making crypto excluding Bitcoin an attractive but volatile sector with tremendous potential for investors and traders alike
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Ethereum had a rough session on Thursday, as the US dollar spiked after a massive amount of volatility entered the market due to the CPI number being released at 0.4% month over month, instead of the anticipated 0.2%.
The ETH/USD market has rallied a bit during the trading session on Monday, getting over 4% by midday.
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The Ethereum market was relatively quiet during the Monday session, after spending most of the weekend selling off.
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Ethereum has dropped during trading on Thursday as the risk appetite of traders continues to deteriorate.
Ethereum has done very little on Wednesday, which considering what happened on Tuesday is a bit of a minor victory.
Ethereum has gotten hammered for over 7% during the trading session on Tuesday, as the US dollar spiked.
Ethereum markets have done very little during trading on Monday, as it is probably worth noting that the US dollar took a bit of a tumble.
Ethereum continues to see a lot of back-and-forth, as there’s no real reason to get excited at this point.
Ethereum has initially fallen during the trading session on Wednesday but turned around as the $1500 level has offered a little bit of support.
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Ethereum has rallied ever so slightly during the trading session on Monday, gaining 75 basis points.
The Ethereum market has done very little during the training session on Friday, as we continue to see the $1600 level offer quite a bit of resistance.
The Ethereum market has gone back and forth on Thursday, essentially “chopping wood” just below the crucial 50-Day EMA.
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Sign up to get the latest market updates and free signals directly to your inbox.The Ethereum market has rallied ever so slightly during the trading session on Wednesday, slamming into the 50-Day EMA.
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Ethereum markets have initially tried to rally but gave back gains near the 50-Day EMA.
The ETH/USD market rallied a bit during the trading session on Monday, getting over 7%.