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Day: June 4, 2024

Ethereum weekly inflows hit $34 million – Are ETFs the reason?

cryptocurrency June 4, 2024

Year-to-date inflows into crypto products have surpassed $15 billion. Ethereum recorded its second week of inflows. Digital asset investment products recorded inflows totaling $185 million last week, marking the fourth consecutive week of inflows, digital asset investment firm CoinShares found in its new report. Advertisements Although this marked an 82% decline from the $1.05 billion […]

Ethereum Signals Bearish Extension: Is a Short-Term Downtrend Coming?

cryptocurrency June 4, 2024

Ethereum price is showing a few bearish signs below the $3,840 support. ETH could gain bearish momentum if there is a clear move below $3,700. Advertisements Ethereum extended its decline and tested the $3,700 zone. The price is trading below $3,840 and the 100-hourly Simple Moving Average. There was a break below a key bullish […]

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