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Cryptocurrency News

Ethereum price ‘bullish triangle’ puts 4-year highs vs. Bitcoin within reach

04/12/2022

Less than a minute

2022.04.12 19:31

Ethereum price 'bullish triangle' puts 4-year highs vs. Bitcoin within reach
Ethereum price ‘bullish triangle’ puts 4-year highs vs. Bitcoin within reach

Ethereum’s native token Ether (ETH) has dropped about 17% against the U.S. dollar in the last two weeks. But its performance against Bitcoin (BTC) has been less painful with the ETH/BTC pair down 4.5% over the same period.

The pair’s down-move appears as both ETH/USD and BTC/USD drop nearly in lockstep while reacting to the Federal Reserve’s potential to hike rates by 50 basis points and slash its balance sheet by $95 billion per month.

Source

04/12/2022

Less than a minute