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 has fallen a bit during the trading session on Friday, breaking through the bottom part of a rectangle.
The Ethereum market has rallied initially during the trading session Tuesday as we continue to see the market try to break above the recent resistance barrier.
The Ethereum market has been very bullish during the trading session on Thursday, reaching the $1700 level.
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Ethereum has done very little during the trading session on Wednesday, as we continue to see this market go sideways overall.
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The ETH/USD has pulled back during the session on Monday, as we continue to see the Ethereum market consolidate between the 200-Day EMA underneath and the $1700 level above.
The ETH/USD market drifted a little bit lower during the trading session on Wednesday, as we said just above the 200-Day EMA, after pulling back from the crucial $1700 level.
Ethereum has rallied over 3.7% early during the trading session on Monday, showing signs of strength again.
The Ethereum market has pulled back from the 50-Day EMA, and therefore looks as if it is not ready to go higher yet.
Ethereum has pulled back a bit during the trading session on Tuesday as we continue to see a lot of lackluster interest in the crypto markets.
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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.
The Ethereum market was relatively quiet during the Monday session, after spending most of the weekend selling off.
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Sign up to get the latest market updates and free signals directly to your inbox.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.