US EditionEthereum Bulls Fight for $1,850 as Market Weighs Global Risks
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Ethereum Bulls Fight for $1,850 as Market Weighs Global Risks
Ethereum is demonstrating resilience above critical support levels, with bulls attempting to reclaim the $1,850 zone. However, the broader market remains cautious, grappling with global trade conflicts and deteriorating macroeconomic conditions. The ongoing US-China trade tensions and weak economic indicators are creating a challenging environment for risk assets, including cryptocurrencies. Source
Ethereum Rises 13% But Market Signals Caution Amid Derivatives Surge
Ethereum rose 13.41% this week to $1,809 but remains 63% below its 2021 high. Over 80,000 ETH recently flowed into derivatives exchanges, signaling rising trader anticipation and volatility. Over $600 million in Bitcoin moved to exchanges on April 23, hinting at possible market pullback. Ethereum has been pushing back against recent market struggles, now trading at $1,809. The 13.41% increase over the past week has caught the eyes of analysts wh…
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