Link below, but basically ethereum didn't just hold, it actually went up.
Goes to show what happens when the technological foundation underlying a crypto has inherent value aside from just the trading value of the coin.
Is crypto a bubble? Maybe, maybe not. I can't speak to this because I'm not knowledgeable enough in economic theories. But what I can say is that, even if there is a bubble and it eventually "bursts", that doesn't mean the entire technology will fail. The dot com crash of the 2000s sure didn't kill e-commerce, now did it? Companies like eBay were founded during that time, and while they did experience a setback, they nevertheless rebounded.
In a new and volatile industry like blockchain and cryptocurrencies, failures are bound to happen. You just have to hope you've staked your claim in the right tech with the greatest potential to survive. I believe in the utility of ether/ethereum, and news like this reaffirms that belief.
https://www.express.co.uk/finance/city/901922/Cryptocurrency-ripple-bitcoin-markets-ethereum
