Ethereum News

Ether, Altcoins Tank, With Bitcoin as Decoupling Narrative Goes Up in Smoke

Traders will be keenly watching bitcoin’s UTC close on Friday, as potential failure to rise back above $40,000 may invite more chart-driven selling. “The loss of the $40,000 mark today will likely lead to more bearish sentiment, which in turn could push the price further down – it could even test last July’s low of $30,000,” Robbie Liu, a researcher at crypto financial services provider Babel Finance, said in an email.

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