The value of ether has increased by almost 15 percent since the beginning of September. The exchange rate is around 200 dollars, converted to 181 euros.
Ethereum is working on a good month, the coin writes green numbers almost every day. The largest altcoin thus seems to be heading its own course, and has not moved with bitcoin in recent days.
Better than other altcoins
But the course of ether also showed other movements than most altcoins. Almost all altcoins wrote red yesterday, but ether continued to grow steadily. At the time of writing, ether has increased by 2.62 percent in the last 24 hours and the rate is only a few cents away from the $ 200 limit. You can best follow that exciting price development on our ether price page.
Why is the air price rising?
Currently, the Ethereal Sumit is in progress in Tel Aviv, a gathering for everything about Ethereum. It is possible that this has blown new life into the price of ether. In addition, it was announced yesterday that BitPay will support ether.
Ether will also be available to users of the BitPay wallet and the company’s bank card, which currently only supports bitcoin, bitcoin cash and some stablecoins.
About BitPay
BitPay CEO Stephen Pair calls ether a logical choice, since the upper altcoin is already being used by thousands of other companies.
BitPay is consistently at the forefront of using cryptocurrency to solve real-world problems and to offer our global customers the best options to pay with multiple blockchain assets
Vitalik Buterin shares the excitement of Pair and claimed that the integration of ETH in the global payment system opens up a new world of possibilities for the ecosystem of the currency.
This opens up a new world of possibilities for the Ethereum ecosystem. Together we can remain a leading innovator for use cases for cryptocurrency in the real world.
BitPay was established in 2011 and has therefore been pioneering cryptocurrency payments for some time.
The company recently received a lot of criticism for blocking bitcoin donations to Hong Kong Free Press.
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