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.
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Ethereum price: an indication of a long-term bearish trend reversal?"
How do you think ETH?
ETH is a good coin, time-tested and established itself as one of the best after the BTC market. Vitalik Buterin and the ETH team are constantly working to improve their hardforks. I do not know how anyone thinks about this, but I believe that ETH, it will only be better and more confident to bargain on all cryptocurrency exchanges with greater transaction speed.