Ethereum price has resumed its downward trend as the fear and greed index plunges back to the extreme fear zone. The ETH/USD pair crashed to 1,067, which is lower than the weekend high of 1,276. Its market cap has dropped to over $127 billion. At its peak, Ethereum had a market cap of over $600 billion.
Key industries are struggling
Ethereum is an important part of the decentralized industry. Its smart contract technology has been used to build some of the most important components of this…
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