Ethereum Drops Again

The sell-off in the crypto market now seems to have mixed signs as cryptos have split down the middle.

 

Some cryptos seem to have gained some ground such as Toncoin and Solana, which are up 10% on the week. XRP, Dogecoin and Bitcoin had smaller rises, but without being able to return to previous levels.

 

The big loser of the week was Ethereum, which fell to $2,680, a drop of more than 7%. It seems that the news surrounding the new Ethereum Spot ETFs cannot seem to hold the higher levels.

 

Interest rates and inflation are expected to play a key role in shaping prices in the coming weeks. Every investor expects to see the price movements to come back with new moves.

 

Until then, waiting………..

 

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