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Ethereum Price Eyes Recovery as 40k ETH Exits Exchanges Ahead of Fed Rate Cut

CoinGape LogoCoinGape10h ago

Ethereum Price Eyes Recovery as 40k ETH Exits Exchanges Ahead of Fed Rate Cut - CoinGape

Quick Summary:

The crypto participants seem to be preparing for this recovery as a substantial amount of ETH exits the derivative market, and Whale shows an accumulation trend.

Ethereum price eyes a bullish turnaround in September as 25% BPS interest spikes to 75% probability.

40K ETH Exodus from Exchanges; Will Ethereum Price Rebound?

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Ethereum Price Eyes Recovery as 40k ETH Exits Exchanges Ahead of Fed Rate Cut - CoinGape (Picture 1)Ethereum Price Eyes Recovery as 40k ETH Exits Exchanges Ahead of Fed Rate Cut - CoinGape (Picture 2)Ethereum Price Eyes Recovery as 40k ETH Exits Exchanges Ahead of Fed Rate Cut - CoinGape (Picture 3)Ethereum Price Eyes Recovery as 40k ETH Exits Exchanges Ahead of Fed Rate Cut - CoinGape (Picture 4)

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Article Details

Author / Journalist: Sahil Mahadik

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-09 @ 13:19:42 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 486 words

Reading Time: 3 minutes read

Sentences: 43 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 22425638

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About CoinGape

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Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 19 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

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: #59

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The story "Ethereum Price Eyes Recovery as 40k ETH Exits Exchanges Ahead of Fed Rate Cut" was covered 10 hours ago by CoinGape, a news publisher based in India.

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  • News ID: #22425638
  • URL: https://beamstart.com/news/ethereum-price-eyes-recovery-as-17258886015432

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