Ethusd Price Prediction: Why Ethereum’s Value is Set to Skyrocket

Ethereum’s (ETH) Price Consolidation

Ethereum’s (ETH) price continued consolidating for a third consecutive day on Friday after the hefty losses seen at the beginning of the week. Traders continue exercising caution despite news of German asset manager DWS Group launching an Ethereum exchange-traded commodity (ETC) and JP Morgan analysts providing positive updates on Ethereum's potential security status.

About Ethereum (ETH)

Ethereum (ETH) is a decentralized blockchain network that hosts the cryptocurrency Ether, which acts as a 'fuel' for decentralized apps on the network. Since it launched in 2015, Ether has quickly rivalled Bitcoin as one of the world's most valuable cryptocurrencies in terms of market capitalization.

Ethereum (ETH) Live Price

The chart gives a full picture of the ETH/USD live price. You can also find the latest Ethereum news, forecast, and expert analysis to help you trade this cryptocurrency more consistently.