Benjamin Cowen Issues Ethereum Collapse Alert, Layer 2 Meme Mpeppe Prepares For Tier-1 Listings

Quick Summary:

Analyst Benjamin Cowen has issued a warning regarding Ethereum (ETH), raising concerns about its potential to fall further against Bitcoin (BTC) as the second-largest cryptocurrency faces ongoing bearish pressure.

Ethereum has already plummeted nearly 40% from its 2024 high recorded in March, and Cowen’s analysis suggests there could be more downside ahead for ETH holders.

If Ethereum continues to lose ground against Bitcoin, it could face significant challenges in regaining its previous highs.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: Crypto

Markets: Hungary

Topics: Coin (mpepe) Bitcoin Ethereum Price Ethereum’s Meme Cowen Investors Mpeppe Presale

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-06 @ 17:21:53 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 807 words

Reading Time: 5 minutes read

Sentences: 43 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22393578

View Article Analysis

About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 30 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

Frequently Asked Questions