What's Behind Ether's (ETH) Latest Rally
From fool.com
Is this rally about real adoption or short-term speculation? Check out the multiple drivers behind the cryptocurrency's big move to multiyear highs. Ether (ETH 3.08%) is skyrocketing right now. The second-largest crypto (measured by total market value) was up 5.2% in 24 hours as of 2 p.m. ET on Wednesday. The one-day jump was even larger on Wednesday morning, as the Ethereum blockchain token's rocket ride started on Tuesday afternoon. For example, it posted a 24-hour gain of 9.3% just before 8 a.m. ET today. The big jump was powered by several smaller catalysts, working together to drive Ether's price higher. First, ...
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