Ethereum has been facing challenges in holding onto its top spot in the market among altcoins. The bears causing the global cryptocurrency market decline are also dominating ETH. After dropping more than 11% in the last month, it appears the coin is loosing ground to Bitcoin. With the Bitcoin halving event on the horizon for April 20, 2024, the crypto community is eagerly anticipating whether the price of Ethereum will see a rebound. Let’s explore thoroughly to discover the potential.
Market Performance of Ethereum Price
In the last 24 hours, Ethereum experienced a 5.19% drop in its price, falling to $3,086.39. The significant drop in its market performance has also been highlighted by the significant decrease of ETH, by 14.27% and 11.36% in the last week and month respectively.
According to CoinMarketCap, Ethereum holds the title of the second largest cryptocurrency with a market capitalization of $371.15 billion. Moreover, the coin experienced a drop of around 5.86% in its trading
We współpracy z: https://coingape.com/blog/ethereum-price-will-eth-price-recover-in-2024/
