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Ethereum price drops below $160 for the first time in months

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(zero)–sm Mt(zero.8em)–sm" sort="textual content" content material="Ethereum (ETH)—the second largest cryptocurrency by market cap—has fallen below $160 per token, having misplaced almost 10 p.c of its worth in the final 24 hours. ” data-reactid=”19″>Ethereum (ETH)—the second largest cryptocurrency by market cap—has fallen below $160 per token, having misplaced almost 10 p.c of its worth in the final 24 hours. 

<p class="canvas-atom canvas-text Mb(1.0em) Mb(zero)–sm Mt(zero.8em)–sm" sort="textual content" content material="ETH is at the moment buying and selling for simply $158.86, in line with knowledge from Messari, which is the lowest it’s been since April of this yr.” data-reactid=”20″>ETH is at the moment buying and selling for simply $158.86, in line with knowledge from Messari, which is the lowest it’s been since April of this yr.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(zero)–sm Mt(zero.8em)–sm" sort="textual content" content material="Ethereum had been buying and selling for as a lot as $190 per token simply two weeks in the past, recovering from simply above $160 in late October. Since then, the coin has been on a gradual decline, together with the remainder of the crypto market, shedding roughly $20 per coin in the final two days.” data-reactid=”21″>Ethereum had been buying and selling for as a lot as $190 per token simply two weeks in the past, recovering from simply above $160 in late October. Since then, the coin has been on a gradual decline, together with the remainder of the crypto market, shedding roughly $20 per coin in the final two days.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(zero)–sm Mt(zero.8em)–sm" sort="textual content" content material="This all regardless of a number of constructive bits of reports in the world of Ethereum these days. Simply right this moment, for instance, blockchain analytics agency DappRadar introduced that it had uncovered almost $four billion of beforehand unreported worth throughout Ethereum-based dapps” data-reactid=”22″>This all regardless of a number of constructive bits of reports in the world of Ethereum these days. Simply right this moment, for instance, blockchain analytics agency DappRadar introduced that it had uncovered almost $four billion of beforehand unreported worth throughout Ethereum-based dapps

<p class="canvas-atom canvas-text Mb(1.0em) Mb(zero)–sm Mt(zero.8em)–sm" sort="textual content" content material="However, the cryptocurrency hasn’t been in a position to keep away from the results of the bear market, and most cash right this moment are feeling the ache. Bitcoin (BTC), for instance, has fallen to about $7,500 per coin after buying and selling for almost $eight,100 simply yesterday. The world’s number-one cryptocurrency by market cap misplaced greater than $500 in worth virtually in a single day.” data-reactid=”23″>However, the cryptocurrency hasn’t been in a position to keep away from the results of the bear market, and most cash right this moment are feeling the ache. Bitcoin (BTC), for instance, has fallen to about $7,500 per coin after buying and selling for almost $eight,100 simply yesterday. The world’s number-one cryptocurrency by market cap misplaced greater than $500 in worth virtually in a single day.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(zero)–sm Mt(zero.8em)–sm" sort="textual content" content material="In the meantime, Ripple’s XRP is down almost four p.c on the day, and Litecoin (LTC) has dropped by nearly 9 p.c and is at the moment buying and selling for below $50 per coin.” data-reactid=”24″>In the meantime, Ripple’s XRP is down almost four p.c on the day, and Litecoin (LTC) has dropped by nearly 9 p.c and is at the moment buying and selling for below $50 per coin.

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