Ethereum is currently trading at $3,420 following a devastating sell-off that saw $75 billion wiped off its market cap in a matter of minutes.
The industry’s second-largest asset has recovered significantly from a low of $3,000, although the recent plunge has proliferated the amount of bearish outcomes over the coming weeks and months.
While the cryptocurrency market was in a healthy position at the start of the week, it now seems to have formed a local top as a result of an increase in…
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