Thursday, May 20, 2021

Ethereum

Plenty of talk regarding the recent sell-off in Cryptocurrency. From a another post here Cryptocurrency - Bitcoin we discussed breakout levels for Bitcoin, today we are going to talk about year to date gains in Ethereum versus Bitcoin. Regardless whether you believe that Cryptocurrencies will survive in the future for commerce, or as an inflation decentralized alternative to fiat money, there is a large market for trading the asset. On May 20th, for the year Ethereum has been a stellar performer. When thinking what is Ethereum; a blockchain that can be used for sending and receiving value globally, and without third party watching or stepping in unexpectedly. Chart below with year-to-date performance. Thank you for reading.