Ethereum already over 1.000 US dollars - is the new all-time high coming?
- Altcoins are in the fast lane
- Ether is aiming for a new all-time high
Even if everything seems to revolve around the cryptocurrency Bitcoin, there are other digital currencies that should not be lost sight of. Particularly noteworthy here is Ethereum or Ether (ETH). Because the chances are good that the all-time high of January 2018 will be set - maybe even to the day? Because the ETH price on January 13, 2018 was 1.448 US dollars. The ETH price is currently at 1.020 US dollars.
Altcoins are in the fast lane
If you look back exactly 365 days, the ETH price rose by over 660 percent! And there is no end in sight. This is mainly due to the fact that more and more investors are looking for an alternative because Bitcoin has already become too expensive for them to invest. Smaller investors and private savers in particular are now increasingly concerned with Altcoins.
If you consider the top 10 cryptocurrencies (based on market capitalization), nine out of ten cryptocurrencies were able to achieve a significant plus (exception: Ripple). Litecoin posted a price increase of over 15 percent, Bitcoin Cash increased by 10 percent and Cardano even over 21 percent. Polkadot was even able to record an increase of over 40 percent.
Investing in cryptoassets is unregulated in most EU countries and the UK. No consumer protection. Your capital is at risk.
Altcoins are gaining in importance and - according to the Bitcoin-News.One forecast - will probably be able to cause some (positive) surprises in the current year. Crypto fans, private investors and savers should always be aware that there are other promising (or, above all, profitable) cryptocurrencies in addition to Bitcoin.