Ethereum Price Slumps 5.5% Sending Shockwaves Throughout Crypto Sphere, Mpeppe Becomes Investor Lifeboat After 150% Rally

Quick Summary:

The cryptocurrency market has once again found itself in turbulent waters, with Ethereum (ETH) leading the way in a recent downturn.

The price of Ethereum slumped by 5.5%, sending shockwaves throughout the crypto sphere and leaving investors scrambling to find a safe haven.

Despite the recent dip in Ethereum’s price, BlackRock’s Ethereum ETF has achieved a significant milestone, surpassing $1 billion in net inflows.

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Article Details

Category: Crypto

Markets: Hungary

Topics: (mpepe) Crypto Market Mpeppe Investors Cryptocurrency Meme Price Recent Been Ethereum

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-05 @ 16:00:24 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 652 words

Reading Time: 4 minutes read

Sentences: 35 lines

Sentence Length: 19 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 22377609

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 34 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #105

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