Quote from: Arkann on Today at 04:44:12 PM

Quote from: Romanianz on September 16, 2020, 03:52:50 PM

It's true though, Ethereum price will rebound as Bitcoin hold steady, not only Ethereum,
every single altcoin will rise up if Bitcoin hold steady

Over the past 24 hours, Ethereum has shown very good results (3%), which even outperform bitcoin (-2%). I believe that this is primarily due to the statement of the developers, who set the next date for the Ethereum 2.0 update for November. Raoul Jordan, who is the Ethereum 2.0 developer at Prysmatic Lab, said November could look very good to launch an update from his point of view.

They have made so many announcements about this that I doubt their statements have any effect on the market anymore, the decrease in the price of ethereum we saw some weeks ago had everything to do with the DeFi hype losing strength and the recovery follows the same reasons, however I do not think we are going to see ethereum reaching the 500 dollar mark as people want it, the hype despite going through a recovery is decreasing in intensity as new DeFi scams come every day and put fear in the hearts of investors all over the world.