ETHUSD movement forecast
Ethereum gains ground above $ 300 Ethereum went up in price by 27% in a week. The rise in value could be caused by news about the upcoming start of tests of the final testnet of the second version of the network on August 4. Messari analysts attribute the rise in fees up to 40 cents to the increase in gas prices as the popularity of decentralized finance and stablecoins increases. The increase in the price of the second cryptocurrency is accompanied by activity in the options market. The volume of Ethereum contracts reached $ 241 million. Buyers of December call options are betting on the coin's growth of 160% from current levels. Recall that in the second quarter, the daily volume of transactions in the Ethereum network has already surpassed that of Bitcoin. Some experts believe that in the short term, the cryptocurrency may reach the $ 500 price mark. The nature of cryptocurrency still evokes polarizing opinions among lawmakers in different countries. South Korea views cryptocurrency as a commodity, not a monetary unit, and this is critically important for income taxation.
Ethereum may climb to $ 315, 318, 322, 325 and will continue to rise to 350
Ethereum may climb to $ 315, 318, 322, 325 and will continue to rise to 350
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