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What’s contributing to Ethereum’s short-term price action, is it tied to Bitcoin
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As Bitcoin took a dip under the $61K zone, Ethereum too couldn’t hold its ground strong for long. On the daily time frame, ETH traded at $4,177, noting an 11.54% daily price fall and 13.10% price loss on the weekly.
So, soon after Ethereum saw its highest weekly closing price of $4643 (vs USD on Binance) how did the top coin tumble? Well, the signs of a short-term bearish price turnover could be spotted before the price slumped.
Firstly, Ethereum was observing considerable consolidation after
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