The second week of August
saw ether prices hit a 30 - day high above $ 300, and they continued inching closer to the $ 400 level as the days went on.
If decentralized app browsers become adopted at a larger scale and the Ethereum network scales, analysts like Novogratz
see Ether price surging from its current level.
Not exact matches
In May 2017, the Kraken exchange
saw a large sell order effectively tank the
price of
Ether, and speculation continues to revolve around another sell - off in April 2017.
Markets for
ether, the cryptocurrency linked to the ethereum distributed computing platform, were rocked yesterday by a huge flash crash that
saw prices fall from over $ 365 down to as low as 10 cents on one exchange before bouncing back shortly afterwards — an event that is mildly worrying for anyone concerned about cryptocurrency volatility, but has had devastating consequences for some professional traders who have
seen their holdings wiped out.
It was November, by comparison, that
saw ether's
price undertake a veritable surge, passing $ 440 by Nov. 24 and $ 500 just days later.
The
price of
ether, the native token of the ethereum platform, is bucking the downtrend
seen across the top 10 cryptocurrencies.
As the
price of
ether has declined over the past month, e-commerce websites like eBay have
seen an increase in users seeking to sell graphics processing units (GPU) used in ethereum mining.
Elsewhere in the cryptocurrency markets,
ether and litecoin are also
seeing positive
price moves, according to CoinMarketCap data.
The DAO, a virtual currency fund that relies on the ethereum blockchain, has suffered a sustained attack that has
seen $ 50 million of
Ether siphoned off, causing the
price of the crypto - currency to plummet.
Market leader bitcoin has
seen its
price value sink lower -LRB--8.45 %) over the last 24 hours, as has Monero -LRB--18 %), Bitcoin Cash -LRB--18 %), Dash -LRB--16.86 %), Litecoin -LRB--12.44 %), Cardano -LRB--11.83 %), IOTA -LRB--10.63 %), NEM -LRB--8.46 %), Stellar Lumens -LRB--7.43 %), Ethereum's
ether -LRB--1.70 %) and many others, according to CoinMarketCap data.
Ether's
price is also cruising at never - before -
seen levels, shadowing Bitcoin as separate news surfaced this week that the US Securities and Exchanges Commission (SEC) was evaluating an Ethereum ETF and reconsidering its verdict on the Winkelvoss twins» Bitcoin version.
As an example, if you bought
Ether at a
price of.037, then logged in later and
saw that the
price was at.035, you would naturally assume that you had just taken a loss on the
Ether at this point.
I
see FUD all the time, by big players trying to manipulate the
price of
Ether.
The
price of
ether, the native token of the ethereum platform, is bucking the bearish trend
seen in top 10 cryptocurrencies by market...
Ethereum is the project nearly everybody has a vested interest in these days, as the project is
seeing a healthy
price increase per
Ether.