3 Reasons Ethereum Has Fallen Back From Record Highs

It took Ethereum (CRYPTO: ETH) nearly four years to do it, but the world's second-largest cryptocurrency finally hit a new all-time high of $4,954 on Aug. 24. That eclipses its old all-time high of $4,878 that dates back to November 2021.However, cryptocurrencies are notoriously volatile, and Ethereum has already given up some of its massive gains. It's currently trading around $4,300, and investors are beginning to question if Ethereum has anything left in the tank for the remainder of the year. Here's why they're concerned.Ethereum's remarkable summer rally, which saw it explode in price from $1,800 to nearly $5,000, started in early May. Over the past 90 days, Ethereum is up a sizzling 73%. That's tops among all major cryptocurrencies.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool