Ethereum for its part after the market experienced a minor crisis around July the 16th 2017 where Ethereum was trading all the way down to the 135 Dollar mark just like the entire market recovered overachievingly good.The last days it was constantly trading at around 300 $.
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To some extent unimpressed by Bitcoins record crushing run Ethereum held its grounds. It picked up a little traction as Bitcoin tripped to the moon by trading at 315 $ at the 9th of August. Since then Ethereum slowly goes down searching for more stable grounds. So for now it is to be seen whether the 280$ mark will be an anchorpoint to deliver strong foundation.Another reason why Ethereum isn ́t really affected by Bitcoins upticks is due to less groundbreaking news coverage about Ethereum and its substantial progresses. The overall sentiment in the crypto economy is that the spotlight now turns to other promising developments like the EOSs;NEO and IOTAs leaving Ethereum to some degree behind.Not enough attention/coverage therefore leads to less interest and less potential to believe in for the moment although Ethereum either way has and will have a lot more to offer in the future. Also it is not only a concept framed in a whitepaper. Ethereum already achieved to win over some of the biggest companies of the world on its capacities.
But that is what it is like in the 24/7 cryptocurrency space. Never there are no news.What is your position on Ethereum. Is it part of your crypto investment portfolio and where do you see it in the near future?
As of always thank you for reading, commenting and resteeming my content and stay CRYPTUNED!!
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♥ ETH: 0x3483889ce1b7e2f8c01313cf9464064b93163ec0
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♥ LTC: LNkfL4x8fkR9BaHBsNzRmTnheLzMTEhGY
♥ Dash: Xe9zHUQgxBR4Fsnj78oSGiFs53LDYBbbNo
♥ ETC: 0xce15aa840c952b1ae55446591372266a0f6e5e7a
♥ ZEC: t1QMLpmauWd88acksp5JYwRtg9VPQMpScfD
♥ DGE: D9XeQjwtwVxG8E4pPGvixMqF9EzUzvWDHB
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