Bitcoin price dipped below $20k, while Ethereum’s price struggled to hold above the $1k level as the global cryptocurrency market fell by over 3% losing $50 billion in valuation on Monday. Ethereum Price Down 6.94% This week, the cryptocurrency market continues to struggle as significant digital assets like Ethereum are down almost 7%. The reason for ETH’s price drop is likely due to the weak opening of U.S. stocks on Monday, the continuous selloff of tech stocks, and the significant losses that Chinese stocks incurred last night. In addition, news of a successful phishing attack on Ethereum’s largest exchange, Uniswap,
The post Bitcoin and Ethereum Prices Struggle to Hold Support as Tech Stocks Tumble appeared first on The Merkle News.
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