Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been experiencing a significant price decline in the past week. The price has dropped by 9%, bringing it down to the $3,130 level. This decline has raised concerns among market participants as they closely monitor the situation. Crypto analyst “Inspo Crypto” has pointed out that Ethereum’s
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The recent drop in the cryptocurrency market saw the total capitalization plummeting to $2.07 trillion, marking an 8.6% decrease in just 24 hours. Among the digital assets affected by this downward trend, the primary cryptocurrency, Bitcoin, took a significant hit as its price fell below $54,000 for the first time since February. This downfall had
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Ethereum (ETH) is currently facing a significant downturn, with its price rapidly approaching the crucial support level of $3,051. This sharp decline reflects an increase in selling pressure and a growing bearish sentiment in the market. Traders are closely watching Ethereum’s behavior as it nears this critical threshold, looking for signs of either a stabilization
Bitcoin, the leading cryptocurrency, has been facing significant negativity in the market, with prices remaining bearish. However, it has not deterred large investors from accumulating more Bitcoin in their portfolios. These investors, who hold over $600,000 worth of Bitcoin, have been actively increasing their holdings over the past six months. On-chain data from Santiment indicates