It has been a very difficult year for Bitcoin and all other cryptocurrencies. Ethereum, while once considered a rival to Bitcoin’s market cap, has lost over 90% of its all-time high as well. The uptrend still hasn’t materialized, albeit there is a lot of hope for the upcoming Constantinople hard fork. Assuming that doesn’t get delayed again, some cautious optimism may be warranted.
It is only natural all cryptocurrencies and digital assets follow Bitcoin’s momentum first and foremost. Ethereum is no exception in this regard, and it seems that will not necessarily change anytime soon either. The delayed Constantinople hard fork implementation has made a lot of people uneasy. Now that this fork will go live in January of 2018, the Ethereum price may start to climb again.