Big news about Ether (ETH), a type of cryptocurrency like Bitcoin!
- Ether's price went down a lot, then bounced back up quickly.
- This reminds traders of a similar event in August, which was followed by a price increase.
- Lots of people bought Ether when the price was low, which could mean a price rise is coming.
- Some investors are betting that Ether will reach $5,000 in the future.
Fact | Number |
---|---|
Ether's price drop since December | 32% |
Lowest price on Monday | ~$2,000 |
Highest price on Monday | ~$2,700 |
Ether ETF inflows this week | $420 million |