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Cryptocurrency News

Pro traders turn into bears after Ethereum price dropped to $3,200

04/09/2022

Less than a minute

2022.04.09 01:00

After a 42% rally over a three-week period, Ether (ETH) peaked at $3,580 on April 3 and since then, a 12% correction to $3,140 has taken place.

Tech giants launching their own smart contract platforms and regulatory uncertainty might have impacted investors’ sentiment and derivatives metrics also show worsening conditions that confirm professional traders’ shift toward a bearish sentiment.

Source

04/09/2022

Less than a minute