Ethereum nears deflationary status, but crypto adoption grows as Bitcoin’s mining difficulty hits ATH

Published by
City AM

By Darren Parkin Data from CryptoCompare shows that the price of Bitcoin mostly moved sideways over the past week, staying in a range between $19,100 and $19,300 with a sell-off to $18,400 being met with a rapid rise to $19,800 before BTC returned to its range. Ethereum’s Ether, the second-largest cryptocurrency by market cap, traded in a way similar to BTC, moving between $1,270 and $1,320 throughout most of the week. ETH endured a sell-off to $1,220 at the time of BTC’s sell-off but surged to $1,350 shortly after before returning to its range. Headlines in the cryptocurrency space this week …

Read More


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.