On February 16, the World’s second-largest crypto by market capitalization saw a significant favorable market movement. After failing to retain the $1,500 resistance earlier this week, Ethereum picked up the pace on Thursday. The asset gained over 14% of value in the last couple of days, and in that timeframe rushed through several resistance zones […]
Tag: ETH
February 17, 2023
February 15, 2023
Ethereum Surged Past $1500 Following CPI Report
On February 14, Ethereum, the second-largest cryptocurrency by market capitalization, saw a surge in value following the release of the Consumer Price Index (CPI) report in the United States. Despite showing a slight decrease in inflation (only about 0.2%), the report was enough to make Ethereum gain value and surge past the $1,500 mark. The […]
February 13, 2023
Ethereum Plummets Below $1,500 Amid Regulatory Concerns for Staking
The cryptocurrency market state in February is far different than the previous month. After going through a profitable month-long rush in January, the market has since retracted, and the leading assets, bitcoin, and Ethereum lost their major resistance lines acquired during that month. Today, February 13, Ethereum fell from the $1,500 margin, trading at $1,487 […]