Ethereum eyes new all-time high after bears unable to sink ETH below $900 By Cointelegraph


Ethereum eyes new all-time excessive after bears unable to sink ETH beneath $900

Bitcoin’s (BTC) value noticed a vital 28% correction throughout the week from $41,000 to $30,000. On the identical time, Ether (ETH) additionally noticed a drop of 32%. The current excessive for was $1,350 — or about $70 shy of the all-time excessive — whereas the current low was seen at $910.

January has seen heavy volatility within the crypto markets. The sentiment has been flipping from euphoria to melancholy and again once more. Nonetheless, the market continues to be in a bull market even when one other correction happens.

ETH/USD 1-week chart. Supply: TradingView
ETH/USD 1-day chart. Supply: TradingView