(TL;DR: ETHUSD lagging behind BTCUSD) We've seen ETHXBT hover above and below the 0.1000 mark since the turn of the new year. Now that Korea has OK'd cryptocurrency trading in addition to pledging to act against the bad actors, we have a boost in the market. BTC is being traded via traditional US exchanges, amplifying the boost. I'm expecting ETHXBT to jump back up to somewhere around 0.0975 and possibly up past 0.1000 due to historical prices and recent news (CSE launching ETH-based security exchange for Canadian security offerings).
Comment:
Ellen DeGeneres made a bitcoin splash, explaining the currency on national television. Gap seems to be growing a bit more now than expected. More opportunity I suspect.