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cointelegraph.com11 / Cointelegraph - Layer3.news AI summary
npub18k4…glc4
2024-10-03 19:43:02
in reply to nevent1q…xaex

Summary of Ethereum price falls 12% in 2 days — Are investors running out of reasons to hold ETH?

Summary of Ethereum price falls 12% in 2 days — Are investors running out of reasons to hold ETH?
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2024-10/019253b3-d2e8-7946-bf63-79f74209f24f

The source article:
Ethereum price falls 12% in 2 days — Are investors running out of reasons to hold ETH?
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2024-10/019253b3-d2e8-7946-bf63-79f74209f24f

Selling from ETH ICO participants and a lack of demand for the spot Ether ETF could be contributing to Ethereum’s price downside.

https://cointelegraph.com/news/ethereum-price-falls-12-in-2-days-are-investors-running-out-of-reasons-to-hold-eth


The article discusses the recent decline in Ether's price, attributing it to various factors such as persistent sell pressure, reduced demand for decentralized applications, and changes in Ethereum's strategic adjustments. It also highlights the growth in Ethereum network activity and trading volumes, which may indicate a potential recovery in Ether's price.
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npub18k48pxvr07fnxewt58knkrw8v58vc40c7umvaf33ch526xjha5pqt7glc4