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Coin Edition 2024-07-08 08:11:51

Why is Ethereum Price Dropping? Whale Activity and ETF Delays Explained

Ether (ETH), the second-largest cryptocurrency by market capitalization, has fallen below the $3,000 mark in recent trading, mirroring Bitcoin’s decline and erasing gains from the weekend. This drop comes amid large holders selling off their ETH, even as anticipation builds for the potential approval of a spot Ethereum exchange-traded fund (ETF) in the United States. The post Why is Ethereum Price Dropping? Whale Activity and ETF Delays Explained appeared first on Coin Edition .

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