Post
Topic
Board Speculation (Altcoins)
Re: the price of ethereum increased
by
katrimans
on 04/12/2017, 06:56:48 UTC
these days, the price of ethereum continues to rise,.

what causes the increase in the price of the ethereum?

ETH and other crypto currency has a price dependency on Bitcoins.  As the value of bitcoin is increasing it is also affecting the value of other crypto. I think the reason behind the increase in the price of ETH is also the increase in the price of bitcoin.

ETH is also a demandant currency and its demand also has increase its price a bit but the main cause could be the increase in the price of bitcoin.