Ethereum News Update
For yet another day, Ethereum emerges as the big winner of the top 10 biggest cryptos.

ETH prices rose 4.95% in the last 24 hours, bringing the Ethereum to USD exchange rate to $1,213.84. Other cryptos, from Bitcoin to TRON, fell during the same time period.

Judging by Reddit threads and social media posts, investors are blaming China’s imminent ban on Bitcoin mining as the source of pessimism.

Bloomberg first reported China’s policy shift last Wednesday. Since then, one of China’s biggest mining pools has closed its doors, leading to a deep sense of uncertainty in the market.

It’s a simple case of supply and demand.

Without.

The post Ethereum Price Forecast: ETH Price Rises Despite Chinese Mining Crackdown appeared first on Profit Confidential.

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Ethereum Price Forecast: ETH Price Rises Despite Chinese Mining Crackdown