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Title: Ether Price Analysis: Rising Bitcoin Tide Lifts ETH to New Target High Post by: Betamog on May 25, 2017, 10:20:39 PM As Bitcoin breaks its own all-time high (ATH) on multiple exchanges, it appears as though a rising tide raises all boats.
Most important, GDAX/Coinbase, a crucial on/off ramp for digital currencies, has taken the lead in ETH/USD volume and is reporting higher ETH/USD than BTC/USD volume over the past 24 hours. This is anecdotal evidence for a key metric of “new money” coming into the space. Although the $4–5 premium remains on Bitfinex due to USD withdrawal halt, GDAX now leads in volume and holds a small premium above a few of the other exchanges as well. Poloniex and ETH/BTC volume continue to lead globally (not shown). So The Question Will be what the cryptocurrency of the two (Btc/Eth) will raise to The Sommet ^^ |