Ethereum (ETH) saw a sharp price decline on Friday as it has nearly 5x user growth since 2022.
Ethereum has seen nearly a 5x growth in monthly active addresses since 2022, reaching 7.6 million. Insights from Glassnode show that Ethereum has underperformed Bitcoin in terms of price performance since the recent bull cycle began. Ethereum will likely continue trading in key range without a bearish macro event. Ethereum saw a sharp price decline on Friday as it has nearly 5x user growth since 2022.
ETH technical analysis: ETH may continue trading in key range despite recent decline Ethereum saw a price inefficiency on Friday, extending from $3,045 to $2,905. This was accompanied by a sharp liquidation of long positions, reaching $27 million within four hours.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ethereum uncertainty prevails, ETH products see inflows as SEC Chair waives off ETH classification questionEthereum is hinting at a resumption of a sideways movement on Tuesday after seeing inflows for the first time in seven weeks.
Read more »
Ethereum may break out of consolidation as suspected Justin Sun wallet enters buying spreeEthereum's (ETH) recent price movement hints at a potential rally despite ETH ETPs recording outflows.
Read more »
Ethereum (ETH) Price Takes Hit as Major Holder Allegedly Cashes OutEthereum (ETH) allegedly dumped by Ethereum Foundation, again
Read more »
Ethereum (ETH) Capital Inflows Pales in Comparison to Bitcoin (BTC)Crypto Blog
Read more »
Ethereum (ETH) Soars Above $3.3K, Bitcoin (BTC) Aims for $64K (Weekend Watch)Crypto Blog
Read more »
Ethereum (ETH) Crushing Bitcoin (BTC) with 6% Price SpikeThe largest altcoin has spiked more than 6% over the past 24 hours
Read more »