(Kitco News) Ethereum, the world’s second-largest cryptocurrency, is on its way to becoming “the collateral of the internet,” which is similar to Bitcoin’s path of becoming “the global digital reserve asset,” said Bloomberg Intelligence. But before returning to its record highs, Ethereum faces a risk of dropping to last summer’s lows of $1,700.
“Ethereum is in a top position to lead the wave of digitalization, tokenization, DeFi, fintech and NFTs,” said Bloomberg…
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