The Hype Around Some Crypto Currencies: ETH and BTC to What Levels?

Following a short period of stagnation, ethereum is again surrounded by a new hype these days achieving considerable heights, $3400. In fact, ethereum volatility has recently typified the crypto world making it on the track up to newer levels.

Hopefully, some experts predict great rewards if they are not already on the way to investors’ crypto wallets. These lines will address this notable momentum over ethereum, which is rendered to some factors, particularly the new projects, energy revision and the upgrades released by ethereum community.

Over the last weeks, the crypto market bounced up and down making a number of crypto currencies to hover around new levels. Ethereum has recently maintained higher prices since the closing of the year, and it is really on its way up.

The same is for bitcoin and bitcoincash, which are taking the lead these days. Arriving at these levels and changes made investors feel the compulsion to take profits. Yet, one should slow down to sell ethereum or bitcoin these days in the sense that nothing is certain in the midst of the current realm.   

According to some experts, the hype around ethereum is due to a couple of factors, mainly the anticipation of its software upgrade. A number of crypto experts expect considerable changes on how transactions will be conducted in ethereum network. ethereum price therefore might climb to $4000 or $4800.

 Of course, it is difficult to predict what may happen in the next months, but shifting to a new technology, based upon less energy might transform ethereum volatility. Without any doubt, this momentum cannot be dissociated from bitcoin climb too, which hits $47000 USD.

The price has gone further following the geopolitical and humanitarian changes designed to influence Russian economy. Statements of freezing accounts have actually fueled prices. The whole world is still looking at the distance between words and actions, and the Crypto world is not an island. This industry might be disrupted by decisions or rather policies, which will later define the moment of both bitcoin and ethereum.

In all cases, it is still hard to settle upon some crypto currencies to buy or sell. The recent changes in platforms, layers as well as the fierce competitions between crypto developers will certainly bring additional transformations, prices and levels.