Ethereum is a decentralized blockchain platform on which decentralized applications (dapps) can be built. It allows developers to create smart contracts, which automatically execute tasks when specific conditions are met, and runs using a cryptocurrency token known as Ether.
As the worlds second-largest cryptocurrency after bitcoin (BTC) in terms of market capitalization at the time of writing, Ethereum has attracted plenty of attention around the world. However, before deciding whether or not you should buy any ETH, its essential that you fully understand the factors affecting the value of this cryptocurrency and what they could mean for the price of ETH in the weeks and months ahead.