Ethereum Market Stagnation Marks Tepid Trading Day Despite ETF Launch

Quick Summary:

Ethereum’s price exhibited volatility on Tuesday, coinciding with the launch of U.S.spot ether exchange-traded funds (ETFs) on Wall Street.At around 5 a.m.

EDT, ETH surged to an intraday high of $3,540 per coin but later dropped to approximately $3,406 by 12:55 p.m.in the afternoon.

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Article Details

Author / Journalist: Jamie Redman

Category: Crypto

Markets: Japan

Topics: Volatility ETF launch ETH Ethereum BTC Market stagnation Trading Volume BitStamp Markets and Prices South Korea premium USDT

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-23 @ 18:35:52 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

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

Copyright Owner: © Bitcoin News

News ID: 21754846

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About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 17 posts per day

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Headquarters: Japan

News Last Updated: 8 hours ago

Coverage Areas: Japan

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Publisher ID: #62

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