Why is Ethereum (ETH) price down today?
4M ago•
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Reducing open interest, long liquidations, and buyer exhaustion have resulted in lower Ether prices today, with $2,100 being flagged as a potential next bottom.
Key takeaways:
Ether’s price fell over 4% to $2,575 on May 15, mirroring similar downward moves across the wider cryptocurrency market.
Long liquidations and a drop in open interest facilitated ETH’s drop.
4M ago•
bullish:
0
bearish:
0
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