Ethereum (ETH) is changing hands at $381. The second-largest digital asset with the current market capitalization of $17.7 billion has gained over 3% in the last 24 hours and stayed mostly unchanged on a week-to-week basis. Despite the recovery, ETH is still locked in the range. The trading activity has been stable recently, with an average daily trading volume of $13 billion, which is in line with the long-term average figures.
EOS, like the rest of the market, is heavily bullish and has gained around $120 million in market capitalization over the past 24 hours with $2 billion in trading volume. The digital asset seems ready for a greater bull breakout in the near future according to several indicators.
The entire market capitalization has jumped by around $20 billion in the past 24 hours. PayPal has finally stated that it will indeed support the use of cryptocurrencies like BTC, ETH, BCH, and LTC to buy from more than 26 million merchants around the world.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.