New Bull Run for Ethereum ?
Ethereum, the 2nd largest cryptocurrency by market capitalization, has been stable for a long time (almost a year), without any “life” signals for now.
It seems that this thing changed this week as the price broke positively the barrier between $1,500 and $1,700, giving a positive perspective for the next step, which is obviously the $2,000 frontier.
As it is known, Ethereum is the “fuel” for many other cryptos and NFTs and any price move, either upwards or downwards, will affect an entire ecosystem.
The majority of cryptos are tied with Bitcoin, but there are cases where some cryptos that surged due to special events that took place in the market.
Maybe some of those events could bring Ethereum and the cryptos based on it, on a positive trend and start surging by themselves…..
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