Recently, the world’s second-largest crypto by market capitalization battled around the $1,600 level as the cryptocurrency market enters a consolidation period following the large upward movement seen during the first three weeks of January. The asset started off the day trading at $1,554 and spent the following 10 hours trading sideways as the selling force […]
Category: Ethereum
Ethereum Breaks The $1,600 Zone For The First Time in 3 Months
Recently, the world’s second-largest cryptocurrency by market capitalization broke another milestone in January. After going through a small retraction on the 18th due to bearish pressure regarding reports of new crypto regulations and the imminent bankruptcy of the lending company Genesis, $ETH recovered that day’s losses, and then some. Following an unsuccessful attempt at reaching […]
Ethereum Trades Above $1,500 For The Second Time In a Week
Recently, the world’s second-largest cryptocurrency by market capitalization started off the day by recovering from the previous losses. As reported previously, Ethereum suffered a 3% decrease in price on January 18, the first major retraction the currency saw this month. The asset started the day trading at around $1,524. Throughout the day, ETH buyers battled […]