Ethereum Loses $1800 Handle – Will Bear Market Pull ETH Down Deeper?
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During the previous week, the price of Ethereum has stabilized between $2,000 and $1,700. Because of this, the ETH price remained largely unchanged compared to the last seven days and lost 2.5% of…
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Ethereum 2.0 staking skyrocketed after the successful Shanghai upgrade, sending ETH price to a 2023 peak of $2,120 on April 17. On-chain data examines the negative correlation emerging between smart contract deposits and the ETH price. The much-anticipated Shanghai upgrade went live on April 12, marking Ethereum’s full transition to…
Ethereum 2.0 staking skyrocketed after the successful Shanghai upgrade, sending ETH price to a 2023 peak of $2,120 on April 17. On-chain data examines the negative correlation emerging between smart contract deposits and the ETH price. The much-anticipated Shanghai upgrade went live on April 12, marking Ethereum’s full transition to…
Ethereum (ETH), which has been lagging behind Bitcoin in 2024, is showing bullish signals. CryptoQuant analysts argued that the ETH price could rise above $5,000 with increasing on-chain activity and institutional demand. CryptoQuant analysts have claimed that Ethereum’s price could surpass $5,000 if current supply-demand dynamics continue, supported by strong…