Ethereum

2024

Coin

<ul class="news-points"> 
 <li>Ethereum gains attention despite market decline, driven by ETF interest.</li> 
 <li>Bitcoin and Ether show divergent price movements amidst broader market volatility.</li> 
 <li>Regulatory approvals for Bitcoin ETFs spark optimism; Ethereum ETFs remain uncertain.</li> 
</ul> 
The recent decline in cryptocurrency prices has brought Ethereum into sharp focus, with a notable surge in discussions despite an overall market downturn. As highlighted by Santiment, a market intelligence platform, this shift in attention is attributed mainly due to the launching of a new ETF, driving heightened interest in Ethereum as the second-largest cryptocurrency by market capitalization. 
Despite increasing short positions across the market, Ethereum has managed to hold a resilient position, down only 4.58% over the last 24 hours, with a current trading price of<a href="https://coinmarketcap.com/currencies/ethereum/" target="_blank" rel="nofollow"> $3,089.87</a>. 
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 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f5e3.png" alt="🗣" class="wp-smiley" style="height: 1em; max-height: 1em;"> As <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#crypto</a> prices have been on the decline, <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Ethereum</a> is seeing the fastest rise in discussion rate. The new <a href="https://twitter.com/hashtag/ETF?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#ETF</a> has caused more interest in the #2 market cap asset, even though <a href="https://twitter.com/hashtag/shorts?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#shorts</a> are rising rapidly. Also, keep an eye on <a href="https://twitter.com/hashtag/Beam?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Beam</a>'s rise in interest. <a href="https://t.co/0bfF7HR4lw" target="_blank" rel="nofollow">https://t.co/0bfF7HR4lw</a> <a href="https://t.co/j6zyJqpiMT" target="_blank" rel="nofollow">pic.twitter.com/j6zyJqpiMT</a>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1780100227732783258?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">April 16, …</a>
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The post <a href="https://coinedition.com/ethereum-remains-the-hot-topic-of-discussion-despite-increment-in-short-positions/">Ethereum Remains the Hot Topic Of Discussion Despite Increment in Short Positions</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Ethereum Remains the Hot Topic Of Discussion Despite Increment in Short Positions

Coin Edition

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