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Thursday, March 23, 2017

Ethereum Surges 20% As Altcoin Optimism Spills Over

Ethereum Surges 20% As Altcoin Optimism Spills Over

Ethereum has surpassed all-time highs to currency sit at a record $26.71 per coin.

At press time Monday, the asset had undergone a 20 percent surge in 24 hours according to data from CoinMarketCap and CoinGecko. Longer term, Ethereum has more than doubled while sitting at around $12 until the end of February.

The rises come on the back of the launch of the Enterprise Ethereum Alliance, a well-received project focussing on Blockchain propagation and innovation for international business.

After the rejection of the Bitcoin ETF by the US Securities and Exchange Commission, the top ten altcoins experienced a slight drop followed by a sweeping comeback.

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