Since Bitcoin’s record-setting run in 2017, both it and Ethereum have fallen off considerably in 2018. Today, however, ETH prices have recovered a bit, closing out a 13-day streak of green candles. Here’s why:
Ethereum started 2018 with a clean, multi-year green candle. This is the longest such candle we’ve had at the start of the year. It’s a strong indication that Ethereum is in a good place, and that it has the potential to continue to grow. The 13th green candle came on when Ethereum traded at $1510.53. This was a 5.8% jump on the day. Ethereum is up 1.9% today, and has been on a steady uptrend since the beginning of the year.
Ethereum outperformed Bitcoin by closing 13 daily green candles in a row. Here’s how it works:
Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more.
Begin to Earn Interest
Trading Bitcoin and Ethereum on the Cutting Edge
The second-largest cryptocurrency by market capitalization outperforms Bitcoin’s 10-day green run on the heels of the upcoming London hard fork.
2 minutes read Samuel Wan on August 3, 2021 at 8:00 p.m. UTC
Ethereum has now closed 13 consecutive daily green candles, the greatest run in its six-year existence.
The rising price trend came to a stop today, as ETH dropped 5% in the early hours of Tuesday morning, as it did with everything nice (GMT).
Sign in or join Edge to read the rest of this story.
Edge aids in the better understanding of the cryptoasset market.
We can all agree that the cryptocurrency market is volatile and perplexing, but Edge can help you make sense of it.
Increased media coverage
-
Exclusive thoughts and articles
Members-only articles with selected insights from crypto experts across the world will give you an analytical advantage.
-
Charts and price snapshots in real time
Every news item includes real-time charts, price snapshots, and other market data to help you better understand the market.
-
In our articles, you may learn about businesses, products, and individuals.
To help you connect the dots, we show profiles of people, businesses, goods, and assets linked to each Edge story.
Data on a wide range of crypto assets and sectors
-
Social sentiment and on-chain metrics
Investigate social sentiment for specific crypto assets to get a better grasp of on-chain developments.
-
Demographics of crypto asset transactions
Recognize where the bulk of crypto asset transactions occur across the world.
-
Investigate new initiatives and industries.
With our carefully selected data for over 50 business verticals, you can keep track of new initiatives and crypto sectors.
What more is there to say?
-
Telegram group for members only
You’ll have first access to new content as an Edge subscriber, and you’ll be able to interact with the community in our private Telegram channel.
-
A pristine, ad-free environment
All ads are hidden for Edge subscribers.
-
Encourage independent reporting.
As an independent blockchain news company, we follow a rigorous editorial policy that stresses impartiality and openness in our reporting.
Related Tags
This article broadly covered the following related topics:
- crypto prices
- coin market watch
- coin prices crypto
- crypto prices today
- crypto prices live
