The coming hours may prove to be crucial for the cryptocurrency industry. With all markets still in the green as of right now, the current situation looks rather promising.

Even the Ethereum price is heading in the right direction, as it will seemingly hit $500 again later today. That would be an interesting development for the world’s second-largest cryptocurrency by market cap.

As is usually the case when the momentum is positive in the cryptocurrency industry, there is a lingering fear of how things will turn bearish fairly quickly. So far, this has not happened in the cryptocurrency industry over the past few days.

In fact, it would appear the bullish momentum is intensifying, although next week can still look very different. For the Ethereum price, the current momentum is surprisingly positive.

The altcoin has seen a 4.93% value increase in the past 24 hours, which is pretty impressive, all things considered.  As such, it is expected the Ethereum price will hit $500 later today, although reaching that value may prove to be a bit more problematic than originally anticipated. Read more from…

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