Friday, February 3, 2023
Crypto News
Advertisement
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos
No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos
No Result
View All Result
Crypto News
No Result
View All Result
Home Ethereum

Ethereum Clears New All-Time High As Market Remains In Greed Territory

by Crypto News
November 4, 2021
in Ethereum
0
Ethereum Clears New All-Time High As Market Remains In Greed Territory
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Ethereum has made important strides in its value this previous 12 months. The quantity 2 cryptocurrency by market cap has returned over 300% returns year-over-year and but continues to outperform available in the market. A superb share of the digital asset’s worth has come from the decentralized finance growth. Being the highest good contracts platform, Ethereum maintains management of about 80% of whole worth on this house.

As well as, rising optimistic sentiment available in the market has labored within the asset’s favor in latest months. It’s because Ethereum, like bitcoin, has confirmed to be an excellent hedge in opposition to rising inflation. Following bitcoin’s development pattern, Ethereum has posted good points available in the market with a brand new all-time excessive hit in October. Nevertheless, ETH has gone on to set a brand new all-time excessive whereas BTC has struggled to achieve its latest ATH worth of $67K.

Ethereum Good points Large With Market Greed

The crypto market moved into greed territory in the beginning of October and has spent subsequent weeks alternating between greed and excessive greed. What this meant for the market was that more cash flowing into the market meant that the worth of cryptocurrencies went up. Though the market had since moved out of maximum greed, ETH has not slowed down.

Chart showing fear & greed index in greed

Concern & Greed Index strikes into greed | Supply: Arcane Research

Ethereum had hit a brand new all-time excessive together with bitcoin final month. Nevertheless, bitcoin had struggled to carry its new report worth for lengthy. ETH, then again, has continued to carry out impressively available in the market. Ethereum hit a brand new all-time excessive as soon as once more, breaking above $4,354 for the primary time ever. The digital asset ushered in November with bullish tendencies because the asset had damaged one other all-time excessive above $4,500.

Associated Studying | How A Coinbase User Lost $11.6 Million 10 Minutes After Bitcoin Purchase

The digital asset has struggled to keep up above $4,500 since then. However it has proven great promise to interrupt above this level once more by settling north of $3,400 in the interim.

Ethereum price chart from TradingView.com

ETH breaks new all-time excessive above $4,500 | Supply: ETHUSD on TradingView.com

Bitcoin Continues To Consolidate

Bitcoin has not finished too effectively compared to Ethereum just lately. The pioneer cryptocurrency had little question dominated the marketplace for the whole thing of October. Nonetheless, the weeks following its newest all-time excessive milestone haven’t been promising.

Associated Studying | Got Rekt On Squid Game? Here Are The Warning Signs You Missed (Ignored)

Bitcoin had dipped again to $58,000 following its breakout to $67K. Then the digital asset had consolidated effectively under its ATH, staying within the $58,000 to $64,000 vary. A small uptick in momentum in the beginning of November noticed bitcoin take a look at the $64,000 resistance level. However the asset had been overwhelmed again down from this vary after a quick break above it.

Whereas Ethereum has gone on to hit new all-time highs, bitcoin has dipped again all the way down to $61K. Bears stay decided to pull the asset again down under $60,000. Nonetheless, outlooks for November stay bullish for the asset.

Featured picture from BTCManager, chart from TradingView.com



Source link

Related articles

Ethereum Lost 6.24% to $3807.82 at 5 p.m. ET — Data Talk

Ethereum Lost 3.63% to $1172.11 at 5 p.m. ET — Data Talk

November 28, 2022
Can Ethereum [ETH] maintain its stability despite the hawkish circumstances?

Can Ethereum [ETH] maintain its stability despite the hawkish circumstances?

November 28, 2022
Share76Tweet47

Related Posts

Ethereum Lost 6.24% to $3807.82 at 5 p.m. ET — Data Talk

Ethereum Lost 3.63% to $1172.11 at 5 p.m. ET — Data Talk

by Crypto News
November 28, 2022
0

Ethereum is down $44.10 immediately or 3.63% to $1172.11 --Snaps a six day successful streak --Down 25.17% month-to-date; On...

Can Ethereum [ETH] maintain its stability despite the hawkish circumstances?

Can Ethereum [ETH] maintain its stability despite the hawkish circumstances?

by Crypto News
November 28, 2022
0

Ethereum’s burning charge was greater than minting actions, leading to a very good provide charge Staking actions had been...

These Ethereum Competitors Are Down Over 90% — Are They Worth the Risk?

These Ethereum Competitors Are Down Over 90% — Are They Worth the Risk?

by Crypto News
November 28, 2022
0

Ethereum (ETH -3.67%) could also be down 69% for the 12 months, however its rivals are getting crushed even...

Top 3 Ethereum Use Cases that will NEVER let Ethereum Die!

Top 3 Ethereum Use Cases that will NEVER let Ethereum Die!

by Crypto News
November 28, 2022
0

The crypto market has been crashing since October 2021. A yr has handed and crypto costs are nonetheless on...

Daily Brief Financials: Ethereum and more – Smartkarma

Daily Brief Financials: Ethereum and more – Smartkarma

by Crypto News
November 28, 2022
0

Daily Brief Financials: Ethereum and more  Smartkarma Source link

Load More
  • Trending
  • Comments
  • Latest
6 Altcoins to Buy As Crypto Bull Market Gets Crazier: Banking Veteran

6 Altcoins to Buy As Crypto Bull Market Gets Crazier: Banking Veteran

November 7, 2021
Tesla To Accept Shiba Inu Coin and will hit $0.1 in 2021!!

Tesla To Accept Shiba Inu Coin and will hit $0.1 in 2021!!

November 1, 2021
Bitcoin Mining Noise Drives Neighbors Nuts—a Giant Dentist Drill That Won’t Stop

Bitcoin Mining Noise Drives Neighbors Nuts—a Giant Dentist Drill That Won’t Stop

November 12, 2021
Pro-Crypto Candidates Seek an Easier Way to Accept Bitcoin, Altcoins

Pro-Crypto Candidates Seek an Easier Way to Accept Bitcoin, Altcoins

October 22, 2021
5 Hotels Accepting Cryptocurrency as a Payment Method

5 Hotels Accepting Cryptocurrency as a Payment Method

0
Top cryptocurrency prices today: Bitcoin, Dogecoin, Ethereum gain up to 5%

Top cryptocurrency prices today: Bitcoin, Dogecoin, Ethereum gain up to 5%

0
Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

0
ADA Price Prediction: Cardano Sits and Waits

ADA Price Prediction: Cardano Sits and Waits

0
Live Crypto Profit🤑😍 Bitcoin short 🔽 #cryptocurrency #tradingstrategy #crypto #finance

Live Crypto Profit🤑😍 Bitcoin short 🔽 #cryptocurrency #tradingstrategy #crypto #finance

February 3, 2023
CARDANO PRICE DROPS, XRP GLOBAL EXPANSION

CARDANO PRICE DROPS, XRP GLOBAL EXPANSION

February 3, 2023
🚀XRP NEDEN YÜKSELDİ? RIPPLE DAVAYI KAZANACAK MI? SEC’NİN RIPPLE XRP TALEBİ REDDEDİLDİ! #xrp #ripple

🚀XRP NEDEN YÜKSELDİ? RIPPLE DAVAYI KAZANACAK MI? SEC’NİN RIPPLE XRP TALEBİ REDDEDİLDİ! #xrp #ripple

February 3, 2023
#shorts 👉 DO NOT BUY ANY CRYPTO TODAY!! My short term ETHEREUM prediction

#shorts 👉 DO NOT BUY ANY CRYPTO TODAY!! My short term ETHEREUM prediction

February 3, 2023

Recent News

Live Crypto Profit🤑😍 Bitcoin short 🔽 #cryptocurrency #tradingstrategy #crypto #finance

Live Crypto Profit🤑😍 Bitcoin short 🔽 #cryptocurrency #tradingstrategy #crypto #finance

February 3, 2023
CARDANO PRICE DROPS, XRP GLOBAL EXPANSION

CARDANO PRICE DROPS, XRP GLOBAL EXPANSION

February 3, 2023

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cardano
  • Cryptocurrency
  • Ethereum
  • Ripple
  • Videos

Bitcoin Currency Converter

Cryptocurrency Prices by Coinlib
  • Privacy & Policy
  • About Us
  • Contact Us

© 2021 Copyright Crypto News

No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos

© 2021 Copyright Crypto News