Bitcoin, Ethereum Rebound as Reports Suggest COVID-19 Variant Is 'Mild'
Leading cryptocurrencies have recovered hefty losses brought about by the rise of a new Coronavirus variant called Omicron.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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 DecryptRelated 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...
Bitcoin ETFs rebound with $119M inflow as Ether extends losses
Bitcoin ETFs returned to net inflows with $119 million on Tuesday despite falling prices, while Ether funds reached a six-session...
BlackRock ETF clients pull $116.05 million from Ethereum fund
Investor reallocation from Ethereum to Bitcoin ETFs suggests shifting confidence and potential volatility amid changing macroecono...
Abstract, Igloo Inc.’s Ethereum layer-2, to shut down December 15
The shutdown of Abstract highlights the challenges of sustaining niche blockchain projects amid financial losses and limited adopt...
Ethereum Price Cracks as 3 Prediction Markets Make Their Calls
Ethereum’s latest selloff has prediction markets pulling in three different directions. Ether fell through $2,600 on Wednesday as...