Ethereum News Update
Were you surprised at Ethereum prices this morning? If the answer is yes, you are not alone. The sudden drop in ETH prices (without a corresponding fall in market cap) was perplexing at first glance. But then I dug a little deeper.
It seems that CoinMarketCap.com changed how it calculates crypto prices. From now on, trades recorded on Korean exchanges will not be factored into the average price.
This is a significant move because CoinMarketCap is where a lot of people go to check cryptocurrency prices. It is clear, simple, and as of today, free of Korean price distortion.
Daily Ethereum Chart.
The post Ethereum Price Forecast: ETH Positive Despite Korean Exchange Blacklist appeared first on Profit Confidential.
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Ethereum Price Forecast: ETH Positive Despite Korean Exchange Blacklist
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