Ethereum Profitability Drops To 66% Amidst Market Volatility And DeFi Challenges

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Ethereum’s profitability has declined to 66%, reaching levels not seen since October 2023. This dip comes as the market navigates a complex landscape marked by mixed technical signals and ongoing challenges within the decentralized finance (DeFi) sector. 🔸 #Ethereum profitability falls to 66%, mirroring Oct 2023 levels. 🔸 RSI and MACD show mixed signals as #DeFi contends with rising economic exploits. Know more 👉🔗https://t.co/FZUcnYdeZA@intotheblock $ETH #CryptoNews — Coin Edition: Your Crypto News Edge ️ (@CoinEdition) August 13, 2024 The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicators are currently providing conflicting signals, reflecting the uncertainty in Ethereum’s

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