How low can ETH price drop versus Bitcoin amid the DeFi contagion?
Interestingly, Ether has not reclaimed its all-time high against Bitcoin since June 2017 despite the NFT craze.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Interestingly, Ether has not reclaimed its all-time high against Bitcoin since June 2017 despite the NFT craze.
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 CointelegraphRelated market context
Ethereum open interest rose 2.3% in ETH on Binance as its dollar value fell 6.6%
Ethereum open interest in Binance’s ETHUSDT futures contract was 2.27% higher in ETH on Thursday, Oct. 8, over the last 48 hours,...
Ethereum leads stablecoin market cap growth, adding $243M in a week
Ethereum's stablecoin growth highlights potential concentration risks and market consolidation, impacting DeFi liquidity and stabi...
Tether froze 1.45 million USDT in THORChain vaults, then reversed course three hours later
The incident highlights the vulnerability of DeFi protocols to centralized issuer actions, emphasizing the need for diversified as...
Tether freezes four THORChain vaults, halting Tron swaps
The incident highlights the vulnerability of decentralized protocols to centralized control, impacting liquidity and trust in DeFi...
Tether Freezes $1.45M in THORChain USDT Vaults, Then Reverses Blacklist Hours Later
Key Takeaways: The amount of about $1.45 million in USDT was temporarily frozen in THORChain vault addresses. According to THORCha...
Ledger Theft Funds Shift Into USDD, Beyond Tether’s Freeze Controls
Tron records show a 2 million USDT conversion through USDD’s stability module; Bitquery estimates Tether froze $10 million across...