Why Ethereum is Falling Behind in the Crypto Market

Discover the potential to make money with Bitcoin and other cryptocurrencies by visiting this link: https://telegram.me/freecryptosignalsdaily. 

Ether price continues to plunge as troubled investors worry about the lack of spot Ether inflows, declining Ethereum network fees and a potential tech stock bubble bursting.

Ether price is down 5.2% between Sept. 3 and Sept. 4 after a strong rejection at the $2,550 resistance, marking eight days since it last closed above that level. 

Traders are now concerned that Ether may underperform even if the broader crypto bull market resumes, as incentives for fixed income in the United States are expected to decrease. So, exactly what is putting pressure on Ether’s price?

Join our Pro Binance Signals Group with over 10,000 Pro Members.

Our team of trading experts analyzes the markets daily to find the best trading opportunities.

We're here to support you every step of the way. Our goal is to boost your trading success.

Get daily Futures/SPOT Signals based on market trends with over 90% accuracy on average.

Join us and become a Pro Binance Futures Market Trader.

Comments

Post a Comment

Popular posts from this blog

Why BTC May Never Reach $46,376: Insights

Image
Explore the provided link to secure a consistent profit in Binance futures trading. Receive complimentary Bitcoin trading signals and leverage the Cornix trading Bot for optimal automated trades: https://telegram.me/btctradingclub. Based on historic precedence from Gold, the Bitcoin (BTC) price may never retest the $46,376 mark, as this marked the listing price for the spot Bitcoin ETF products. 43% Profit on RUNE/USDT for our Premium Members on Futures, OKX,  Bybit, Kucoin Non-Stop Profit for our Members on Futures/OKX/Bybit & KuCoin. We are dedicated to delivering the highest quality signals to the trading community. Trading on #Binance is highly lucrative, and traders worldwide acknowledge its potential. Join our Binance Group to become a part of the top Binance Trading community, just like numerous other traders. Come and join our Binance Group and profit with the Binance Futures BOT
Read more

Record 47.36M ETH Staked in ETH2 Beacon Contract

Image
Visit this link to consistently profit in Binance futures trading, receive free bitcoin trading signals, and access the Cornix trading Bot for optimal automated trades: https://telegram.me/cryptosignalalert Download our free app to receive signals on your mobile device: https://play.google.com/store/apps/details?id=com.freecryptosignals.app Ethereum’s ETH2 Beacon Deposit Contract currently holds over a third of the network’s supply.  Ethereum 2.0 staking has seen significant growth, and a major milestone has been reached. As such, the deposit contract for staking Ethereum on the Beacon Chain reached an all-time high of 47.36 million ETH this week. Interestingly, this accounts for 33.9% of the entire Ethereum supply. 32% Profit on #1000BONK/USDT for our Members on Binance Futures, Bybit, Okex, Bitmex - All profit targets hit We continuously analyze the Binance Futures market to identify the most lucrative trading opportunities. Our team of experts diligently examines the markets every d
Read more

ETF Novelty Fades Ether Price May Dip on Surging Supply

Image
Visit Our Most Successful Binance Futures channel for FREE crypto trading strategy, world class Binance Futures Bot, Futures Leverage Bot and assistance on crypto trading - https://telegram.me/binancefuturesignal Into The Cryptoverse founder Benjamin Cowen says if supply keeps increasing it will "revert" to similar levels before the Ethereum Merge in September 2022. Ethereum’s price might decline after the initial buzz surrounding spot Ethereum exchange-traded funds (ETF) wears off if its supply continues to increase at the current rate, according to an analyst. We have many members who are new to Crypto Trading. When you sign up we will send you a detailed email explaining exactly how the signal service works with videos and instructions. Big profits made from this call We are the Number# 1 Binance Futures Signals Pro Group due to the fact that our signals have high success ratio. You will receive everything you need for full trade signals, entry price, stop loss, take profi
Read more