Today news
About the same in other media
17.12 - 16:17
Ethereum approaches a new ATH, but derivatives data reflects mixed emotions
Reading now: 316
Today Ether (ETH) price briefly touched $4,760, exciting investors and reminding the world that the altcoin is a mere 2.2% below the $4,870 all-time high reached 20 days ago. While the spot price action might be intriguing, let’s see what’s happening in Ether’s derivatives markets.
While it is possible to draw a descending channel that shows support at $3,960, today's 5.4% positive move seems decoupled from Bitcoin's (BTC) negative performance.
Earlier today, commodities and stocks took a hit after the U.S. Federal Reserve acknowledged that inflation is more than just a "transitory" trend and Fed chair Jerome Powell said that the bank's relaxed money policies could end sooner than anticipated.
To understand how confident traders are about
Read more on cointelegraph.comAbout this in other media
Nifty News: Pepsi’s debut drop, 1inch expands P4 Metaverse and Tom Brady gifts NFTs cointelegraph.com /2 years ago
Didi is delisting in New York. Here's what happens if you own a delisted stock cnbc.com /2 years ago
New York Fed opens innovation centre finextra.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
