Should You Buy Ethereum While It's Under $2,600?

Bitcoin (CRYPTO: BTC) has seriously overshadowed Ethereum (CRYPTO: ETH) this year. The leading crypto rallied to a new all-time high in January, while Ethereum struggled to come close to its 2021 glory days. This week, Bitcoin set a new price record, and Ethereum is still almost 50% below its record high set in late 2021. However, the tide may be shifting. Ethereum has gained about 50% during the past month. Moreover, several factors might push its price higher before year-end. If you're wondering whether now is a good time to buy Ethereum, here are some considerations that may figure in its price.Ethereum has a lot going for it. It's more accessible than almost every other crypto, since the Securities and Exchange Commission has only approved spot exchange-traded funds (ETFs) for Bitcoin and Ethereum. It's the second-biggest crypto by market cap, and -- as the original smart contract crypto -- it's home to thousands of projects and billions of dollars' worth of assets. Smart contracts are tiny pieces of code that live on the blockchain and make it programmable.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool