MARKET MOVEMENTVanEck has fired the starting gun in race for first U.S. Ether ETF (Exchange Traded Fund). ETH is slowly eating away BTC dominance and making it its own. It isn't very likely in the near future, but ETH could top BTC on Market Cap. ranking one day.
For now, this is something through which BTC has already gone through and the effect was completely the opposite to what people expected (extreme bearishness). For ETH we could see a similar reaction, but there's not enough information yet to determine our next long term move.
A break of our previous current ATH would rule out the possibility of a news-triggered selloff.
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We told you first,
Fed. Russian Insiders
