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Ethereum May See Greater Price Appreciation Following Phase 0 Rollout Of Ethereum 2.0
Summary: Ethereum has been closely tracking Bitcoin's price movements over recent weeks leading to a weeks-long consolidation phase for the currency. At the time of writing Ethereum is trading hands for $366 and is down 3.09%. The currency has been trending lower since it lost the $380 price level. Bitcoin has since been outperforming the asset, ...
Ethereum has been closely tracking Bitcoin's price movements over recent weeks leading to a weeks-long consolidation phase for the currency.
At the time of writing Ethereum is trading hands for $366 and is down 3.09%. The currency has been trending lower since it lost the $380 price level. Bitcoin has since been outperforming the asset, a relationship which may be difficult to break.
Despite the ties with Bitcoin, one popular crypto commentator predicted in a tweet that ETH may see significant price appreciation following the phase 0 rollout of Ethereum 2.0 within the week. He stated that traders could potentially set their sites on $700 following phase 0. However, even with the vote of confidence for ETH he still said that Bitcoin looks more bullish.
By Emily Mason
Tags: Bitcoin,BTC,ETH,Ether,Ethereum
Link: Ethereum May See Greater Price Appreciation Following Phase 0 Rollout Of Ethereum 2.0 [Copy]
