Ethereum Price is Down 23% Since It's Last ATH: When Will It Recover?
The cryptocurrency market is once again flashing red signals as highly volatile waters continue to drain the market. The market is experiencing a series of longs being liquidated, with Bitcoin plunging down to the $110K level. At the same time, Ethereum has also ranked tremendously, exploring new lows at the moment. As ETH was earlier exploring major highs, will it be able to bounce back sooner rather than later? Also Read: Why Soaring Retail Investor Confidence Could Move Crypto Markets Ethereum Price Falls: Future Projections Source: Unsplash The cryptocurrency market has been hit by sharp pangs of volatility. The market is now experiencing a series of longs being liquidated, affecting the price of both major cryptocurrencies. Bitcoin has now plunged below the $110k level, while the Ethereum price is standing at $3955. As per the latest post by the Kobeissi Letter, Ethereum has now fallen 23% since it’s earlier ATH 4 weeks ago. “BREAKING: Ether extends its decline to -8% on the ...