Ethereum Loses Ground Amid State Crackdowns, Remains Technically Strong

In what continues to be a volatile and unpredictable Summer for cryptocurrencies, Ethereum has suffered a series of setbacks over the past several days. The price of Ether has dropped forty percent since the beginning of the month amid a series of anti-crypto moves by state agencies and negative publicity. This is a stunning reversal for the second most valuable cryptocurrency, which only three months ago was poised to overtake Bitcoin in both market share and popularity. Nevertheless, Ethereum&