Why Did Ethereum Sink More Than 3% Today?

11.12.25 23:32 Uhr

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Devisen

2.582,5797 CHF 10,7560 CHF 0,42%

2.768,9031 EUR 12,5797 EUR 0,46%

2.427,6349 GBP 11,2272 GBP 0,46%

506.238,0486 JPY 2.836,2277 JPY 0,56%

3.246,6167 USD 10,8042 USD 0,33%

0,0004 ETH -0,0000 ETH -0,42%

0,0004 ETH -0,0000 ETH -0,45%

0,0004 ETH -0,0000 ETH -0,46%

0,0000 ETH -0,0000 ETH -0,74%

0,0003 ETH -0,0000 ETH -0,33%

As the world's second-largest cryptocurrency, and the most extensive network for decentralized finance (DeFi) applications, Ethereum (CRYPTO: ETH) plays an essential role in facilitating the technological innovation investors expect to see in the crypto sector. With numerous catalysts and headwinds affecting this sector as a whole, we've seen some choppy price action materialize today. Unfortunately for Ethereum investors, today's high-volatility session has been tilted to the downside. Over the past 24 hours, Ethereum has declined 3.1% as of 5:00 p.m. ET. Notably, this downside move includes a 3% rally from this token's intraday low.In other words, this loss was a lot larger just a few hours ago. Let's dive into what's driving this outsize bearish sentiment around Ethereum, specifically, and why this token is the worst-performing today out of the nine largest crypto projects, as ranked by market capitalization. Continue readingWeiter zum vollständigen Artikel bei MotleyFool

Quelle: MotleyFool