Ethereum (ETH) has been on a downward trend, falling 23% and hitting its lowest point for the year at $2,200. One big reason for this is that Ethereum has been underperforming compared to Bitcoin since September 2022, losing 44% of its value against Bitcoin. This has left investors wondering why Ethereum is struggling. What’s Holding…
Ethereum has been taking a beating lately, but some analysts think it’s about to bounce back in a big way. Oversold and Ready to Fly? One crypto analyst, Titan of Crypto, says Ethereum is in “oversold territory.” This means it’s been dropping for a while and could be due for a rebound. Historically, Ethereum has…
Ethereum has been struggling lately, falling to its lowest point this year at around $2,400. It’s been lagging behind Bitcoin and other popular cryptocurrencies, making investors nervous. Why is Ethereum Underperforming? One reason for Ethereum’s struggles is the lack of interest from traditional investors in Ethereum ETFs. These funds haven’t seen much activity, which is…
Ethereum has been struggling lately, just like Bitcoin. After reaching a high of over $4,000 in March, it’s been steadily declining. In the past two weeks alone, its price has dropped by over 5.9%, and it’s currently hovering around $2,400. A Potential Turnaround? Despite the recent downturn, some analysts are optimistic about Ethereum’s future. One…
Bitcoin and Ethereum have been on a downward trend since the beginning of September. This slump in the crypto market is mainly due to a few big economic factors. The Yen Carry Trade is Still Affecting Crypto The Japanese Yen has been strengthening against the US dollar, causing investors to unwind their carry trade positions….
Zurich Cantonal Bank (ZKB), a major Swiss bank, is now offering Bitcoin (BTC) and Ethereum (ETH) trading and custody services. This move marks another big step for crypto adoption in Europe. ZKB Offers Crypto Trading and Custody ZKB customers can now buy and sell Bitcoin and Ethereum through their existing online banking platforms. The bank…
Ethereum, the second biggest cryptocurrency, has been having a rough time lately. Its price has been going up and down, and analysts are trying to figure out if people are buying it up or selling it off. Exchange Reserves: A Warning Sign? One analyst, Shayan, looked at the amount of Ethereum held in exchange wallets….
Ethereum’s price has been disappointing lately, dropping significantly in the last few months. Many ETH investors were hoping for a big jump after the launch of Spot Ethereum ETFs, but that hasn’t happened. History Repeating Itself? But there might be a silver lining. A popular crypto analyst, Benjamin Cowen, noticed a striking similarity between Ethereum’s…
Ethereum (ETH) has been stuck in a rut lately, trading between $2,300 and $2,800 since the beginning of August. It’s been trying to break past $2,600 for the past few days, but hasn’t been able to. This is disappointing, especially compared to Bitcoin’s strong performance this year. Ethereum ETFs: A Flop? Ethereum ETFs were supposed…
Ethereum’s price is currently hovering around $2,500, but the bulls are struggling. Even though the price is above $2,500, it’s still stuck within a bearish pattern. To turn things around, we need to see a strong push above $3,500 with high trading volume. A Bearish Sentiment One analyst believes that Ethereum is likely to stay…
