Ethereum acts as a ‘hedge’ in Bitcoin price crash as ETH/BTC hits 3-year high
The second-largest cryptocurrency posts dwarfed losses compared to Bitcoin’s 21% price decline Saturday. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
The second-largest cryptocurrency posts dwarfed losses compared to Bitcoin’s 21% price decline Saturday. Go to Source Powered by WPeMatico
Ethereum price hit a new all-time high in its ETH/BTC pair and a classic technical analysis pattern suggests the altcoin has a lot more upside. Go to Source Powered by WPeMatico
The second-largest cryptocurrency in terms of market capitalization, ethereum, has come awfully close to reaching the digital asset’s all-time high ($4,878) it reached 21 days ago on November 10. While bitcoin dominance has slid below the 40% zone, ethereum’s market dominance, or $557 billion market valuation, represents close to 20% of the crypto economy. Ethereum’s … Read more
Meanwhile, the trading volumes across the crypto’s main instruments dropped by nearly 100% in the same period. Go to Source Powered by WPeMatico
The bullish outlook appears as the ETH price decline stalls near its old Cup and Handle resistance level, now acting as support and thus raising the potential of a strong rebound ahead. Go to Source Powered by WPeMatico
The plunge points at a growing lack of interest among traders and investors to become “full validators” on its upcoming proof-of-stake blockchain. Go to Source Powered by WPeMatico
Nonetheless, LTC/USD is at risk of a price correction as it paints a classic bearish reversal pattern. Go to Source Powered by WPeMatico
The world’s second-largest cryptocurrency crossed the $4,700-mark days after JPMorgan Chase analysts recommended it over Bitcoin against rising rates. Go to Source Powered by WPeMatico
SOL price reached another record high on Nov. 7, bringing its YTD gains up by roughly 17,500%. Go to Source Powered by WPeMatico
$540 million in ETH options expire on Friday and data shows bulls have a good chance at securing the $5,000 level. Go to Source Powered by WPeMatico