Ethereum fell from 3000 to 1200
The price of Ethereum has exceeded US $3000. The catalysts behind the rise of Ethereum are as follows:
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3. Virtual currency needs a new leader, and Ethereum is selected by the capital
there is an old saying on Wall Street: there is nothing new in the world. What happened in the investment market must have happened before, because the whole financial history has been for hundreds of years. The speculation and investment of virtual currency are similar to stocks, but the risk of virtual currency is greater. The price of Ethereum has exceeded US $3000. The main catalyst behind the rise of Ethereum is the sharp rise of bitcoin and dogcoin. Ethereum, which has always been favored by everyone, has always been in the stage of undervaluation. There is linkage between virtual currencies, and there will be high and low switching. Ethereum has been recognized by market funds as a new virtual currency leader, Funds believe that Ethereum is undervalued and thus driven up by funds, which is the most important catalyst for Ethereum's rise
virtual currency is a kind of high-risk and high-yield investment, which is not recommended by general investors. The risk is too big for everyone< br />
When Ethereum broke through the $3000 mark, the bitcoin market caused these impacts:
1. Ethereum broke through and rose $3000, bitcoin and other virtual currencies received more and more attention:
2. Bitcoin and Ethereum are both virtual currencies, and they have linkage effect
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emerging instries will encounter difficulties in the development process. After these difficulties are solved, new cognition will be formed, which will break everyone's cognition and be accepted by everyone. Bitcoin is like this, from doubt to recognition and then to acceptance. Ethereum broke through the $3000 mark, which had a significant impact on the bitcoin market. The virtual currency has formed a plate effect from bitcoin to dogcoin, and now Ethereum. This shows that the virtual currency is getting more and more attention. There is a strong linkage between virtual currencies. The rise of Ethereum may also stimulate the rise of bitcoin, Finally, the valuation of virtual currency may be greatly improved, which is actually very beneficial to the whole virtual currency
there is a lot of controversy about virtual currency now, because no one can control the decentralization, and basically no country recognizes their value, but this has not affected the rise of Ethereum based virtual currency, which is actually the problem of pattern and cognition. For ordinary investors, I do not recommend to participate in virtual currency, which is too risky to grasp< br />
