25-07-2019 14:00 via newsbtc.com

Ethereum Stays in Massive Downtrend Against Bitcoin

Ethereum was on the top of its game during the 2017’s ICO mania. Thousands of projects lined up to launch their so-called decentralized assets atop the Ethereum blockchain and raised millions of dollars. That pushed the demand for the ledger’s native token ETH, leading its spot price to as high as $1,420 per token.
But the bias flipped soon after majority of Ethereum-based blockchain startups failed or proved to be outright scams. The private assets they distributed via public crowd
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