Category: eth price

Ethereum price soars above $3K into ‘red zone’ triggering sell-off fears

Ethereum price soars above $3K into ‘red zone’ triggering sell-off fears

Ethereum’s native asset Ether (ETH) crossed above $3,000 in an extended upside rally on Aug. 7, hitting a three-month high. Nevertheless, the cryptocurrency’s incredible move upside also boosted its possibilities of facing a bearish backlash. An on-chain indicator that tracks the total percent of Ethereum addresses in profits predicted the said downside outlook. In detail, […]

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