Ethereum drops below $1,900; will NFTs save the day?

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 68%

Canada Headlines News

Canada Latest News,Canada Headlines

Ethereum’s NFT space is witnessing a decline in the number of new and old sellers since 2022. ETH’s metrics also looked bearish.

Ethereum’s [ETH] Price PredictionAmidst this chaos, ETH bulls and bears were battling to flip each other while the token’s price struggled to cross the $1,900 mark.pointed out that ETH’s popular NFT collections like Bored Ape and CryptoPunks have seen a noteworthy 29% decrease in their floor prices.

Interestingly, this decline aligns with the overall marketplace activity in the Ethereum NFT ecosystem. In addition to that, CRYPTOSLAM’sThe same trend was also seen in terms of the blockchain’s total number of NFT sellers last month.

Source: Digital Coin News (digitalcoinnews.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

4 dead, 900 rescued after landslides triggered by flash floods in southwest ChinaFour people died and three others were missing after landslides hit a county in China's southwestern Sichuan province on Tuesday, leading authorities to evacuate more than 900 people.
Source: CTVNews - 🏆 1. / 99 Read more »

Ethereum: The fate of this whale hangs in the balance as…A $12 million short position on ETH means some whales are optimistic about the potential downside opportunities.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Ancient Ethereum whale resurfaces: What’s going on?Amid the consolidation in the market, an whale from Ethereum's ICO woke up. Check out how ETH reacted.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Ethereum: Bulls and bears tussle for $1900Large Ethereum addresses were unfazed by the resurgence of trading activity and continued to fill up their coffers with more amount of ETH.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Oil markets shrug off Russian political turmoilBrent crude futures were down eight cents at $73.77 a barrel by 0900 GMT, while U.S. West Texas Intermediate crude was down 17 cents at $68.99
Source: globeandmail - 🏆 5. / 92 Read more »

B.C. Premier rules out early election – again – after NDP wins 2 by-elections - Terrace StandardB.C. Premier rules out early election – again – after NDP wins 2 by-elections
Source: TerraceStandard - 🏆 24. / 68 Read more »