Why is Ethereum rising today despite bitcoin being stable/declining?

in #ethereum • 8 years ago (edited)

Well well well, what an Interesting day today; ETH finally breaks free of bitcoins network effect and what a way too! Almost worth 0.1btc now and all those who bought during the last fall, You guys are the winners!
But why, just why is Ethereum rising?

Short answer: China has woken up to Ethereum, its largest exchange Huobi opened up ethereum's trading this the new inflow of capital and subsequent increase in price.
So yes, the Increase in ethereum's price is for real, Ethereum proving yet again that it is here to not just stay but compete with bitcoin, if you wanna invest for the long haul ethereum is one you should surely consider!

Found it informative? dont forget to upvote :)

#cryptocurrency #steem #china #marketcap
8 years ago in #ethereum by
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     8 years ago 

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