The price of Ethereum surges to a one-month high as the community is heading near the ETH hard fork. Ethereum is exchanging at $138.75 at the time of writing, ETH price has surged by 11% in the last 24 hours. On 6 February Ethereum hit this month lowest price which was $103.
As usual, after this massive price action altcoins followed and the crypto market went all in green.
Bitcoin crossed $3,850 at bitfinex and it is right now at $3,824.
Bitcoin trading has seen a high volume on 8 February rising by $500 going from $3200 to $3700 in minutes.
Price action starting to look interesting, today’s close will give us valuable information 🔥
– currently testing 55ema, didn’t happen since early Nov
– currently testing downwards resistance, marked late Nov
Strong close ABOVE = 4k test ( previous high ) pic.twitter.com/YoKHanMATy
— CRYPTO FREAK 🌐 (@teddycleps) February 18, 2019
Another important event that might have pushed prices are news about Argentina and Paraguay using bitcoin as payment for Exports between them
Argentina Settles Export Deal With Paraguay Using Bitcoin https://t.co/1EaiGEimLE
— zerohedge (@zerohedge) February 16, 2019