Ethereum Price Prediction - Will ETH Rally as Traders Back New Green Token Ecoterra?
The price of Ethereum (ETH) surged to $1,873 on Tuesday, up 4% over the previous 24 hours, and up 9.2% on the week.Its weekly gains have outcompeted Bitcoin’s, helping the #2 crypto asset regain some lost ground against the leading cryptocurrency by market cap. ETH/BTC has risen from 0.064 on April 3rd to 0.066 today – a 3.6% pump. This brings ETH market dominance up to 18.2%, versus Bitcoin’s 44.2%. Tuesday’s pronounced rally applied to all risk assets, as stock market indices like the Nasdaq 100 and S&P500 continue to trade higher over the past week. In particular, futures contracts