Ethereum continues to lead cryptocurrency price action

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City AM

By Darren Parkin Ethereum has been the quickest out of the blocks this week following Friday’s downward market reaction to the US Federal Reserve reinforcement of its stance on interest rates. Comments from official sources within the reserve led to a market-wide dip that saw Bitcoin slump to $19,500 and Ethereum stumble from $1,700 to $1,420. However, the second-largest cryptocurrency by market cap enjoyed a strong weekend, particularly over the last 24 hours which has seen the price of Ether rise by nine per cent to $1,600. It’s been an impressive month for Ethereum as digital assets across …

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