Today news
About the same in other media
Traders watch for a trend reversal after Ethereum price drops to $4,100
Reading now: 901
Ether (ETH) traders might have a few reasons to panic after today's 13% drop down to $4,100. The swift pullback appears to have broken a 55-day ascending channel that had a target at $5,500.
Those not worried about technical analysis will understand that the cryptocurrency's 3.4% daily volatility justifies the 10% negative price swing. Still, one should not disregard externalities such as the United States infrastructure bill approval on Monday.
The legislation requires that digital asset
Read more on cointelegraph.comAbout this in other media
Citigroup to hire 100 roles into new digital assets unit fnlondon.com /2 years ago
Investments in BTC Keep Growing, in ETH - Dropping, MoonPay Valued at USD 3.4B + More News cryptonews.com /2 years ago
Invesco exec reveals reasons for dropping Bitcoin futures ETF cointelegraph.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
