Unfavorable Fed Policies May Keep Lid on Ethereum Price - Bloomberg Analyst

Ethereum (ETH), the world’s second largest cryptocurrency by market capitalization is not having the best of week following the upset the industry received as the US SEC filed securities violation charges against Binance and Coinbase Exchanges respectively. At the time of writing, Ethereum was changing hands at a price of $1,844.24, down by 0.84% over the past 24 hours and by more than 1.2% in the trailing 7-day period.