Ethereum Below $1,200: The Simplest Reason to Buy Now
At its peak, Ethereum (CRYPTO: ETH) had a market cap of just under $550 billion. Today, Bitcoin (CRYPTO: BTC) and Ethereum combined have a market cap of less than $550 billion. There's no sugarcoating the fact that the crypto sell-off has been swift and brutal.
That Ethereum is down nearly 80% from its high is a compelling reason to consider buying it now. However, an even better investment thesis is the multidecade growth that Ethereum could achieve if it transitions from crypto industry–specific utility to real-world applications. Here's a simple explanation of why Ethereum could be a good buy now, and a better investment than Bitcoin for some investors.
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Source Fool.com
