Ethereum serves as the platform for over 260 000 different cryptocurrencies including 47 of. Ether is the cryptocurrency generated by ethereum miners as a reward for computations performed to secure the blockchain. It is a decentralized open source blockchain featuring smart contract functionality.
Ethereum is the second largest cryptocurrency platform by market capitalization behind bitcoin. Bitcoin is currently trading at 11 405 and has confirmed an hourly uptrend trying to climb back above 12 000. Btc usd gains short term momentum eying up 12 000 again.
Bitcoin s market capitalization dominance has been weakening ever. People are depositing btc into the exchanges and withdrawing eth indicating an increased demand for buying eth. Cex io has reported a spike in pairings for eth with trading increasing by several times in the past week.
Bitcoin and ethereum are the two largest cryptocurrencies by market cap. Ethereum s active address count has increased by 118 since the beginning of the year data from. The price of some smaller cryptocurrencies has left bitcoin in the dust.
The explosive rally which happened months before bitcoin s record high run up to 20 000 rejected at. In june 2017 the price of ethereum increased from around 90 to over 400 within 28 days. Free for commercial use high quality images.
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