Tag: price decline

Ethereum has been under heavy bearish pressure lately with its price dropping and short bets skyrocketing. On Tuesday, ether traded just over $1,600. Yet, it has quickly retraced 2% to $173 during the past 24 hours. This crypto winter has resulted in more aggressive short selling, as well as a...

Ethereum price drop against Bitcoin has made some investors and analysts nervous. Since December 2021, Ethereum has crashed by around 77% in price compared to Bitcoin. The fall has been pronounced, and it’s stopped short of recovering to its all-time high of $4,760 set in November 2021. So, in response,...