Ethereum Briefly Shatters $1,000 Support as Market Downturn Intensifies

Ethereum Briefly Shatters $1,000 Support as Market Downturn Intensifies


Ethereum has seen some intense volatility throughout the past few days, with buyers taking full control of its price action last week before it saw a massive selloff This decline erased a week’s worth of gains and sent the cryptocurrency’s price tumbling down to lows of $900 that were set this morning This came about in tandem with Bitcoin seeing some weakness as well, with the benchmark cryptocurrency BTC has plunged towards $30,000, with sellers being in full control of its price action as the cryptocurrency fails to find any strong buy-side support So long as BTC shows continued signs of weakness, it may create headwinds for Ethereum and other altcoins as well One analyst is noting that ETH is holding above a crucial support level that may allow for it to

Ethereum has seen some intense volatility as of late, with sellers erasing its recent gains as they push it from highs of $1,400 to lows

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