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The once buoyant cryptocurrency market has hit a snag, with Bitcoin (BTC) and Ethereum (ETH) experiencing a notable price dip alongside other digital assets. This recent downturn can be attributed to a confluence of factors, including shifting market sentiment, evolving monetary policy stances, and heightened activity in the crypto derivatives market. Waning Optimism and JP…
As the crypto market continues to evolve, all eyes are on Ethereum as it navigates the turbulent waters of ETF approval. While Bitcoin’s ETFs have enjoyed a warm welcome, the journey for Ethereum’s spot ETF seems fraught with uncertainties. With May looming ahead, investors are pondering the likelihood of regulatory approval and its potential impact…
Ethereum’s all-time high was reached approximately two and a half years ago at $4,891.70. Currently, it stands at $3,807.73, representing a 22.75% distance from its peak. This recent surge marks an impressive 8% increase from yesterday and comes with a significant trading volume of $24,557,425,098. The start of February witnessed a remarkable performance by Ethereum,…