Ether, the cryptocurrency used on the Ethereum network, is arguably one of the biggest rivals to bitcoin, and in many ways significantly better when it comes to the underlying technology. How high will the bull market go?
The ether price recently hit a new all-time high, and its market capitalisation now sits at about $42 billion, a rise of 5000% this year alone. The wider cryptocurrency market has been in a bullish trend for about 18 months, but the issue traders have now, is that no one knows where we’ll go from here.
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