The price of Ethereum (ETH/USD) today is $475.98 USD with a total market cap of $47,709,575,156.
The long-term investor would consider the cryptocurrency market to be in its infancy. Unregulated and with very little institutional appeal, the demand for low-cost, cross-border, immutable and programmable money is only just beginning.
As the market tumbles from its all-time high, many investors are asking the question, "is cryptocurrency dead?".
Cryptocurrencies are reeling from the latest market-wide crash. The fundamentals remain unchanged but the price of Ethereum has fallen from a high of $1,422.47 to a current price of $906.43.
The cryptocurrency market has taken a hit whilst the price of Ethereum reached a new all time high of $1,384.99 on January 10th. The prospect of Ethereum supplanting Bitcoin at the top spot seems more real than ever.
2017 has been crypto's biggest year, but it's only just getting started. What major industry events can be expected in 2018?