Why rose in price Ethereum. Large payment service will add cryptocurrency

Altcoin value rose to $ 198 after the announcement of the company. According to the creator of ETH, Vitalik Buterin, the coin is on the path to integration into the global financial system

BitPay payment service announced the addition of Ethereum cryptocurrency. The company promised that this would happen in the coming weeks, but did not give a specific date. Altcoin will be available for payment of goods and services at points of project partners, replenishment of a BitPay Prepaid Visa Card debit card, and it can also be stored in a BitPay wallet.

“It’s great that BitPay helps Ethereum integrate into the global payment system.” This opens up new opportunities for the Ethereum ecosystem, ”said the creator of altcoin Vitalik Buterin.

BitPay currently only supports Bitcoin and Bitcoin Cash. In late August, the company announced a partnership with Blockchain wallet. Its users got the opportunity to spend their digital money on goods and services from a network of partner stores of the payment service.

Over the past day, the average market price of Ethereum increased by 2% and reached $ 198.
$ 211 is an important level for cryptocurrency, a break above which will give a “buy signal and the opportunity to join an uptrend.”

When recovering, the bulls will be met by a 100-day EMA and a fibonacci correction level (0.382)


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