The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Ethereum's price fell below $2,000 as liquidations in the crypto market accelerated to $1.4 billion. Meanwhile, Ethereum Foundation President Aya Miyaguchi discussed a new mandate amid increasing internal tensions. While analysts forecast a potential surge for Ethereum following unprecedented Bitcoin liquidations, the cryptocurrency faces the risk of losing the key $1,800 support due to weakening demand. However, Ethereum whales are increasing their holdings, with Bitmine purchasing 25,000 ETH as the price drops.