Ethereum (ETH) prices have rallied almost 50% in the last month, and we just found even better news for crypto enthusiasts.
Alisa Gus (CEO of WishKnish) told Finder.com that, by the end of 2018, she projects ETH prices will reach $2,100. From today's prices of $738.10, that's a potential profit of 184.51%.
Gus was the most bullish, while the other analysts surveyed believe Ethereum will trade between $750 and $1,500 by the end of 2018.
In Bitcoin news, prices ticked slightly higher, but concerns about Mt. Gox continue to rattle investor sentiment.
A Tokyo-based, court-appointed trustee has received orders to distribute more than 8,000 bitcoins among Mt. Gox creditors.
Meanwhile, markets continue to monitor the recent raid of South Korean exchange UpBit. The raid came after South Korea regulators raised concerns about potential fraud and mismanagement of customer accounts.
Here is a recap of the top five cryptocurrencies by market cap as of 3:00 p.m. EDT.
Cryptocurrency | Price | Market Cap | Change (24h) |
Bitcoin (BTC) | $8,768.42 | $7,312,720,000 | +1.21% |
Ethereum (ETH) | $735.32 | $2,974,600,000 | +0.48% |
Ripple (XRP) | $0.74 | $622,725,000 | -0.28% |
Bitcoin Cash (BCH) | $1,467.43 | $1,128,100,000 | -1.10% |
EOS (EOS) | $14.33 | $1,765,860,000 | -4.31% |
Now here's a closer look at today's Money Morning cryptocurrency insight, as well as the most important cryptocurrency updates you need to know...
Even though BTC prices have dropped 40% since the start of 2018, we aren't worried.
Stunning: New Innovation Will Be Like "Adding Twin Turbos to the Bitcoin Engine" - and Could Send Its Price to $100,000. Learn More...
Yes, if you jumped in around January and have watched the Bitcoin prices plummet, you probably have the urge to sell all your coins or avoid the crypto market entirely.
That could be a costly mistake...
Money Morning Defense and Tech Specialist - and cryptocurrency legend - Michael Robinson just revealed the little-known details regarding the future of Bitcoin... and why, at any moment, it could be poised for a record-breaking rebound far beyond anything we've witnessed already.
Michael made a prediction about Bitcoin way back in 2013 - and folks who followed his advice stood to become 253 times richer.
We'd venture to say not one in 10,000 people is aware of the massive profit potential unfolding right now.
Before the mainstream public gets any wiser, you need to see this now.
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