Ethereum (ETH) is apparently too influential to be taken down by the recent price pressure and short position opening. The coin regained some ground, stabilizing above $200. The recent crash in value was seen not as the doom of Ethereum but short-term market behavior.
ETH made up more than 17.5% of all trades in the crypto market, as shown by Coinmarketcap. The latest activity has been phenomenal, and the price recovery over 24 hours matched that activity. Starting from around $190, ETH prices picked up momentum and returned in the $200 range around 13:00 UTC on Thursday. The climb continued after that, with ETH reaching $221.97 as of 3:30 UTC on Friday.
!ETH!
During the recovery, ETH traded almost equally...
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