Ethereum
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Ethereum Drops 22% as the Value of the Cryptocurrency Market Drops Below $2 Trillion
On Monday morning, Ethereum plunged more than 20%, a victim of a severely wounded cryptocurrency market that seems to have been pulled down by alarming indications of a possible impending global recession. With the early wake-up call of a carnage on Monday, ETH fell almost 22%, from almost $3,000 to $2,280 at the time of…
Volume on the first day of the Ethereum ETF is $600M.
Over $600 million worth of volume was traded on the first day of Ethereum’s spot ETF, split across eight different ETF companies.According to statistics from Bloomberg, the eight newly created spot Ethereum (ETH) exchange-traded funds (ETFs) saw roughly $600 million in trading during the first half of their debut day. By 12:30 PM ET, Grayscale’s…