Ethereum (ETH) Extends Gains, Aims for $200 Shot
(ETH) extended its gains on Tuesday, climbing to $192.60. Trading volumes grew in the past days to above $11 billion’s equivalent in 24 hours. ETH rises partially on the back of the BTC rally, but also independently rising on inflows of Tether (USDT).
ETH has hovered above $180 for weeks, pressured by a series of altcoin sell-offs. But the new week (BTC) rally boosted optimism for some of the altcoins as well.
The Ethereum project still faces uncertainty based on the intentions of moving to ETH 2.0. The exact parameters of ETH 2.0 are still uncertain, and there may be years before the actual software upgrade.
ETH is boosted by…
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