On December 29, one of the largest cryptocurrency Ethereum showed the largest increase, rising by almost 15% over the day. The daily trading volume of a digital asset exceeded $3.1 billion.
The coin grew from $113 to $137, which allowed it to become the leader in growth from the top ten cryptocurrencies. In the second half of December, we saw the resumption of the Bitcoin and Altcoin rally. At this time, Ether rapidly increased in price and could even pierce the $200 mark.
However, then a correction came, and the coin slipped significantly. The crypto market started to show aggressive growth again. Bitcoin once again broke through the $ 4,000 mark and now holds this position on some trading platforms.
The rate of the ether has grown by almost 15% to $136. The market capitalization of Ether reached $14.081 billion.
For Ether, as for all digital currencies, 2018 was very difficult. According to analyst Tom Lee, Ether is now gathering strength and can grow as the performance of its platform increases.
JoeTechnologist founder Joseph Raczynski said that by the fourth quarter of 2019, this coin could aggressively add and win the $1,200 mark. However, most analysts question such aggressive predictions, believing that cryptocurrencies will no longer be able to repeat the explosive rally of the end of 2017.