Bitcoin and Ethereum Fluctuate, Small Altcoins Suffer Biggest Losses
Bitcoin price attempted a recovery wave above the USD 49,000 level. However, BTC failed to clear the USD 50,000 resistance zone and started a fresh decline to almost USD 47,000. It is currently (12:08 UTC) trying to reco...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Similarly, most major altcoins are also trying to recover losses. ETH is back above USD 4,000, while XRP is trying to move above the USD 0.80 level again. After testing USD 1.26, ADA is now back above USD 1.30....
Read More: Bitcoin and Ethereum Fluctuate, Small Altcoins Suffer Biggest Losses
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Ethereum (ETH) Price Prediction: ETH Eyes Recovery From $2,600 as $2,666-$2,689 Becomes Resistance
Ethereum price is holding around $2,618 as buyers attempt to preserve the latest recovery, but the market is approaching a decisiv...
Ethereum falls 6%, leaving $1.35 billion in long bets at risk of liquidation
Ethereum’s slide toward $2,500 has put about $1.35 billion of leveraged long positions at increasing risk of liquidation. CoinMark...
Ethereum Price Prediction: Layer-2 Trouble Deepens as Another Network Shuts Down
Blast’s decision to close its Layer-2 network sharpens the question of Ethereum price and prediction: does activity ultimately con...
Why Abstract is killing its Ethereum L2 instead of launching a token to save it
Abstract will shut down on Dec. 15 despite onboarding more than 400,000 users, hosting 144 apps, and landing brands including Disn...
Ethereum ETFs Lose $201.9 Million As Bitcoin Funds Return To Inflows
TL;DR: US spot Ethereum ETFs recorded $201.9 million in net outflows on October 6, according to Farside Investors. Bitcoin ETFs mo...
Ethereum researcher Justin Drake calls for ‘bunker mode’ planning over private key recovery risk
Justin Drake recommended moving crypto assets to fresh addresses that keep their public keys hidden behind a hash.