Crypto Rebound: Forget Bitcoin, Ethereum Is The Real Deal

Crypto Rebound: Forget Bitcoin, Ethereum Is The Real Deal
Crypto Rebound: Forget Bitcoin, Ethereum Is The Real Deal

Cryptocurrency investors have arguably just had one of the least chaotic weeks in months now.

Overall, prices have stabilised.

The market as a whole is back above $1 trillion. Granted, we’re still very far from the $3 trillion reached in November in the midst of cryptomania, but that’s a lot better than the $700 billion and $800 billion thresholds that the market fell to in June and early July.

All eyes remain focused on bitcoin (BTC), which concentrates 40% of the value of the digital currency market. The king of cryptocurrencies is now hovering around the $24,000 threshold after falling to $18,000 in June.

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