The spike in Ethereum's price occurred despite Baidu's anti-cryptocurrency measures. Baidu followed Tencent and Alibaba suit by censoring online speech related to cryptocurrencies and restricting access to crypto-focused forums and discussion boards. The company cited the laws, regulations, and policies as the main reasons for this censorship. Many popular cryptocurrency chatrooms, including the famous Digital Currency Bar and Virtual Currency Bar" were blocked by Baidu.
From "
Ethereum price: an indication of a long-term bearish trend reversal?"
How do you think ETH?
Ethereum is looking a lot better now than ti was a couple of days ago. I believe if you get into Ethereum now and hold for a year or two you will be greatly rewarded. It may be the easiest play in 2018 - 2019 to triple your money.