Ethereum Price Close to Breaking $309 Resistance


TheMerkle Ethereum price 300 StruggleThe first day of the week has proven quite beneficial to digital currencies, as both the Bitcoin and Ethereum prices have increased. Bitcoin has reached a new all-time high of US$6,306, while Ether surpassed the US$300 threshold and is currently trading at US$309.39 on GDAX. Following the Byzantium hard fork affecting the Ethereum network, miners have received a difficulty adjustment, but have also lost part of their block reward, which is now 3 ETH rather than 5 ETH. Reports indicate that the adjustments were needed to help combat the inflationary curve associated with the network, while also preparing the Proof-of-Stake protocol that will be adopted in


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