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 markets have initially tried to rally but gave back gains near the 50-Day EMA.
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The ETH/USD market rallied a bit during the trading session on Monday, getting over 7%.
The BTC/USD has bounced ever so slightly during the trading session on Monday to continue to test the $20,000 region.
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The ETH/USD has fallen hard during the trading session on Friday, as Jerome Powell gave his Jackson Hole speech.
The BTC/USD has fallen during the trading session on Friday as we continue to see negativity in the Bitcoin market.
The ETH/USD has dipped a little bit during the trading session on Wednesday but found buyers on the dip to continue to hang around the 50 Day EMA.
The BTC/USD continues to go back and forth during the trading session on Wednesday as we continue to hang around the $21,500 level.
The ETH/USD has gone back and forth during the trading session on Tuesday as we continue to trace the 50 Day EMA.
ETH/USD has done very little during the trading session on Monday, as we continue to see the market look as if it is threatened.
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The ETH/USD markets have fallen significantly during the trading session on Friday to lose almost 7% and test the 50-Day EMA.
The Ethereum market rallied a bit during the trading session on Thursday to reach the $1875 level.
The Ethereum markets initially tried to recover during trading on Wednesday but have sold off yet again.
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Sign up to get the latest market updates and free signals directly to your inbox.Ethereum fell a bit on Tuesday as we continue to look at the $2000 level above as a major resistance barrier.
Ethereum markets pulled back just a bit on Monday as we continue to see the $2000 level offer a significant amount of resistance.
The ETH/USD currency pair rallied slightly Friday as we continue to see the Ethereum market recover.