19.07.2024 11:00:00
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Is Ethereum a No-Brainer Buy After the Bitcoin Halving?
Many cryptocurrencies pulled back a couple of years ago from their all-time highs as rising interest rates drove investors toward more conservative investments. Yet three tailwinds have lifted the broader market this year: expectations for lower rates, the approvals of the first Bitcoin (CRYPTO: BTC) spot exchange-traded funds (ETFs) in January, and Bitcoin's halving in April.But now that Bitcoin has concluded its long-awaited halving, which reduces the rewards for mining Bitcoin every four years, there will probably be fewer near-term catalysts for the world's top cryptocurrency. So is it time to turn our attention toward Ethereum (CRYPTO: ETH), the world's second largest cryptocurrency, for bigger gains this year?Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Devisenkurse
Name | Kurs | +/- | % | |
---|---|---|---|---|
Dollarkurs |
1,0793
|
-0,0003
|
|
-0,03
|
Japanischer Yen |
161,72
|
0,2000
|
|
0,12
|
Britische Pfund |
0,8356
|
0,0000
|
|
0,00
|
Schweizer Franken |
0,9539
|
0,0001
|
|
0,01
|
Hongkong-Dollar |
8,3974
|
-0,0019
|
|
-0,02
|