Ether, the second-largest cryptocurrency by market capitalisation has had a torrid start to the year so far, shedding close to 15 percent over the past two weeks, but Tuesday saw a strong rally for the crypto asset.
Bitcoin and Ether are leading the pack in the rally, but most of the other well-known altcoins aren’t far behind.
While the crypto market breathes a sigh of relief, the UK has upped its influence in the country’s cryptocurrency sector with the launch of an independent group of lawmakers intent on regulating the maturing digital currencies market.
The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any sort offered or endorsed by NDTV.