Ethereum Could See 16% Jump as Bottom Forms, Fundamentals Strong

Ethereum Could See 16% Jump as Bottom Forms, Fundamentals Strong

As Bitcoin has stalled, so too has the second-largest cryptocurrency, Ethereum (ETH). The popular altcoin has collapsed by some 50% from the year-to-date peak seen earlier this year just like Bitcoin, being crushed under the weight of a copious amount of PlusToken reserve liquidations and other sources of selling pressure hurting bulls.

Despite the strong downtrend ETH has formed, a prominent…

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