With Ethereum showing some upside power, other tokens are likely to see increased gains against major cryptocurrencies. With groups such as Morgan Stanley and Goldman Sachs now offering crypto custody, investors predict an inflow of institutional investors in the market.
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Within 48 hours, the price of ETH surged from $168 to $224, by more than 33 percent. While ETH has retraced slightly to $215, the second most valuable cryptocurrency in the market has found a breathing room that may enable it to find momentum.
https://www.ccn.com/ethereum-spikes-16-overnight-to-220-as-crypto-market-recovers-to-204-billion/
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