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via Cointelegraph · By Cointelegraph Staff
ETH Hits 13 Month Low As BTC, Altcoins Crumble: Is $1.4K Next?
ETH
ETH/USDT
$2,457.51
-2.35%
$2,457.51
-2.35%
(24s)24h Volume
$9,758,015,555.63
24h H/L
$2,532.21 / $2,431.61
Change: $100.60 (4.14%)
Long/Short
60.1%
Long: 60.1%Short: 39.9%
Funding Rate
+0.0029%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(10:18 PM UTC)
1 min read
Key takeaways:
- Ether derivatives metrics flip to a heavily bearish bias as cascading liquidations cut off a relief bounce.
- A critical ZCash bug discovered by AI triggers widespread fears of contagion, driving a contraction in Ethereum TVL.
Ether (ETH) plummeted to a 13-month low of $1,540 on Friday, following the bearish trend across the broader cryptocurrency market. Traders now fear a deeper…
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