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Ethereum Price Overshadows Whale Buying to Break $3000 Support, What's Next?

source-logo  coingape.com 03 August 2024 22:00, UTC

Ethereum price displayed high momentum selling in August’s first week, attributed to geopolitical tensions in the Middle East. The negative outflow trend in spot ETH ETF bolstered the bearish narrative and plunged the altcoin below $3000 on Friday. Will the current trend continue next week, or are buyers ready to retake control?

coingape.com