Ethereum Slips As Gold Rises: Here’s Where The Crypto May Pivot – Ethereum – United States Dollar ($ETH)

Ethereum (CRYPTO: ETH) was falling over 4% at one point on Friday as inflation fears, the likelihood of rising interest rates and Ukraine/Russia news continues to spook the markets.

Gold, considered a safe-haven asset, has been rising steadily in comparison, which indicates in times of economic uncertainty. Cryptocurrencies are still considered risky, despite many arguing cryptos such as Bitcoin (CRYPTO: BTC) would replace physical metals as the most popular asset…


Source link

About bitcoin

Check Also

Finder’s Ethereum Price Predictions Report

Finder’s Ethereum Price Predictions Report

Ether (ETH) could break US$2,400 in 2023, before ending the year at $2,184 …

Leave a Reply

Your email address will not be published. Required fields are marked *