ETH down 6.7% after crypto ‘Black Monday,’ showing more resilience than alts

    https://cointelegraph.com/news/eth-down-6-after-crypto-black-monday-resilience-alts

    Posted by SigiNwanne

    5 Comments

    1. tldr; Ether (ETH) dropped 6.7% in the past 24 hours following a market crash but showed more resilience compared to many altcoins. The crash, triggered by global economic concerns, saw ETH hit a low of $3,510 before rebounding to over $3,800. Analysts suggest ETH could rally to a new high of $5,550, though increased exchange inflows and staking withdrawals may create selling pressure. Despite the downturn, ETH remains down 22% from its all-time high of $4,957, with market conditions signaling potential for recovery.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    2. Yup. Luckily I have only small bags of alts. But man… I don’t kniw how I will get rid of it one day…

      !tip 1

    3. Odd-Radio-8500 on

      Ethereum knows how to bounce back. If you zoom out, ETH still 25% up in 90D charts.

      ^(!tip 1)

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