Ethereum price reaches lowest level relative to Bitcoin in 5 months
Traders question whether the underperformance is due to the Shapella hard fork, while derivatives data indicates that ETH buyers lack conviction.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Traders question whether the underperformance is due to the Shapella hard fork, while derivatives data indicates that ETH buyers lack conviction.
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 Price Faces Glamsterdam Test as 3X Network Speed Threatens Smart Contracts
Ethereum price is starting to stabilize, as the network’s next major upgrade puts its core economic assumptions under scrutiny. Th...
Binance futures traders ditch altcoins for Bitcoin and Ethereum as volume concentration shifts sharply
The shift to Bitcoin and Ethereum highlights market caution, but the quick altcoin rebound suggests ongoing volatility and specula...
Ethena is targeting the $120 trillion Wall Street stock market to hunt yields 5x higher than Bitcoin
Ethena is expanding USDe into equity perpetual-basis trades, targeting funding yields more than five times higher than Bitcoin’s a...
Ethereum and Solana are hosting trillions in dollar volume, yet their native tokens risk losing direct consumer demand
Matt Corallo followed up on an earlier post on Aug. 25, addressing what stablecoin users increasingly see: apps routing around ETH...
Bitcoin faces a new macro test as Fed Chair Kevin Warsh highlights sticky inflation metrics
Bitcoin has 54% as a new macro number to defend against, the share of the personal consumption expenditures basket that Federal Re...
Fed Chair Kevin Warsh triggers a $488 million crypto liquidation cascade as rate-hike expectations rise
Bitcoin fell below $77,000 Friday after Fed Chair Kevin Warsh revived the threat of higher interest rates at Jackson Hole. Data fr...