Ether (ETH), the second largest crypto in market value, followed a similar path to BTC, dipping around the time of the BitGo announcement via Twitter but then regaining ground to recently change hands near the $1,900 threshold it reached on Wednesday for the first time since the beginning of June. ETH was recently up a few fractions of a percentage point. Most other major cryptos were largely in the green, albeit not as impressively as the previous day. ADA and DOT, the tokens of smart contract protocols Cardano and Polkadot, were up more than 2% and 1%, respectively.
Bitcoin (BTC) Price Is In a ‘Bore to Death’ Phase. When Will the BTC Rally Resume?
The current period resembles the action from April through September of 2023 when bitcoin was stuck in the $25,000-$30,000 range...