Community Articles
via Cointelegraph · By Cointelegraph Staff
ETH Stuck Below $2.4K Despite Wider Crypto Market Recovery
ETH
ETH/USDT
$1,893.93
+0.76%
$1,893.93
+0.76%
(24s)24h Volume
$3,349,628,511.34
24h H/L
$1,897.29 / $1,869.17
Change: $28.12 (1.50%)
Long/Short
66.4%
Long: 66.4%Short: 33.6%
Funding Rate
+0.0054%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(12:03 AM UTC)
1 min read
Key takeaways:
- A sharp fifty percent drop in exchange activity and decentralized application revenue is stalling Ether price growth.
- Institutional investor interest in Ether remains under pressure as major holders like Bitmine face billions in unrealized losses.
Ether (ETH) has failed to sustain levels above $2,400 for the past three months, consistently lagging behind most of its peers.…
Add COINOTAG as a Preferred Source
Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.
Add on GoogleComments
Comments