$242M ETH ETF Outflow: Will Price Drop Again?
Visit the link and get free insights on the Crypto trading signals, profitable Alt coins and Automated Bot trading – https://telegram.me/binancefuturesignal
Ether holds $2,000, but may remain under pressure as traders watch corporate earnings, US government debt and growing global tensions.
Institutional demand for Ether is cooling as investors shift toward the safety of short-term US government bonds.
High interest rates and rising ETH supply make the current staking yield less attractive for long-term holders.
Ether price has failed to sustain levels above $2,150 since Feb. 5, leading traders to fear a further correction. Investor sentiment deteriorated following outflows from Ether exchange-traded funds (ETFs) and increased demand for put (sell) options.
We have small as well as huge type of traders in our Binance Futures Group.
It is very easy to grow your Binance Futures account by being part of our Community.
Make profit on Binance Futures by using our Signals and Cornix trading Bot.
Kindly join our FREE Binance Futures Group to get all the benefits as our existing members are already getting it.
Comments
Post a Comment