Bitcoin is currently moving with fluctuations between rises and falls. There are indications of a potential rise if demand continues and the downward trend is broken. However, there are also downward pressures due to recent losses and the market's need for greater buying power. In the short term: the movement is volatile and it may rise then correct. In the long term: if demand continues after the supply reduction (halving), there is a chance it could rise to higher levels like 100k.
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Basic and important information about Ethereum (or its currency: ETH) — what it is, how it works, and why people care about it. If you want, I can also give you a 'future outlook' (analysis + forecasts).
✅ What is ETH / Ethereum
ETH is the native digital currency of the Ethereum network.
Ethereum is not just a currency — it is a 'blockchain' network that allows for the building of decentralized applications, smart contracts, unique tokens (Tokens), decentralized finance (DeFi), and more.
This means that instead of being just a currency, ETH is a 'key' to running all these projects on the Ethereum network — meaning: if you want to execute a smart contract, pay fees, use a decentralized application... you use ETH.
📊 Some numbers / market reality (so far)
The approximate number of circulating ETH in the market is around 120.7 million coins.
The maximum supply (Max Supply) of ETH is not limited — meaning there is no 'fixed maximum' for the price/number of ETH.
The market capitalization (Market Cap) — that is, the total value of all circulating ETH — classifies ETH among the most important and largest digital currencies.
The price of ETH is volatile: it has risen significantly over the past years, but like all digital currencies, the price is affected by the market, supply/demand, network applications, and more. #BinanceHODLerAT $ETH