Nervous cryptocurrency investors watched Ethereum (CRYPTO: ETH) hit a 13-month low of $167 on Wednesday as part of a two-week slump that affected the whole market. ETH short-selling on exchanges such as Bitfinex reached all-time highs this week. But most digital coins saw the welcome color of green — which means price gains — in early trading Thursday morning.

As of press time, ETH bounced back to $190 (nearly 7% gain, per CoinMarkteCap) suggesting that investors around the world bought the dip given the cheap 13-month-low price.

Continue reading Buy The Dip? Ethereum Sees Gains After 2 Week Slump at Crypto Daily™.

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