Ethereum (CRYPTO: ETH) was trading about 2% higher on Friday in a continued bounce of relief since plummeting almost 24% lower between Jan. 5 and Jan. 12 when the crypto hit a low of $2,928.69.
The cryptocurrency sector has been in a long-term downtrend since Nov. 10 when Ethereum and Bitcoin (CRYPTO: BTC) hit all-time highs of $4,867,81 and $69,000, respectively, which indicates the bears are currently in control of the apex cryptocurrencies.
In The News: On Thursday,…
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