Browsing: ETH market news
Latest ETH market news news, on-chain trends, and AI-powered market analysis by Bpay News. Track ETH price and ecosystem updates.
In an exciting development within the cryptocurrency sector, Bitmine recently completed a substantial purchase, acquiring 32,977 ETH.This significant move, reported by Odaily Planet Daily, further solidifies Bitmine’s position in the ETH market, as it now boasts a remarkable total of 4,143,502 ETH holdings valued at an impressive $13.08 billion.
The recent ETH price drop has raised concerns among investors as it falls below 3100 USDT, currently resting at 3098.38 USDT.According to the latest Ethereum price update from OKX market data, this decline has resulted in a 24-hour downturn of 0.67%.
The crypto market decline has sent shockwaves through the financial community, with investors grappling with significant losses as major cryptocurrencies take a downturn.Bitcoin (BTC) recently experienced a drastic price drop of 6%, bringing its value down to $85,800, while Ethereum (ETH) also followed suit, sharing a similar 6% decline at $2,820.