In recent times, the altcoin space has witnessed increased selling pressure, resulting in a cascading wave of corrections across most tokens. Ethereum, the second-largest cryptocurrency by market capitalization, hasn’t been spared either. Over the last four days, it’s faced a continuous slip, drifting from a high of $1,558 to a pit at $1,577, marking a 5.2% descent. This plunge not only wiped off recent gains but also pushed Ethereum beneath a pivotal support level, signaling the potential for even deeper corrections ahead.
Source: https://investment-policy.com
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May 10, 2024