Ether Up from 100-Day Low, But Bounce Back Lacks Substance

Ether Up from 100-Day Low, But Bounce Back Lacks Substance
Ether"s technical recovery from the 100-day low hit yesterday looks to be a "dead cat bounce."

The world"s second largest cryptocurrency by market capitalization, which traded around $740 a week ago, fell to $460 on Sunday - its lowest level since Dec. 11. The 37.8 percent fall looks to be associated with ether-specific news flow and broad-based risk aversion in the crypto markets.

Last week, a senior official of the U.S. Securities and Exchange Commission (SEC) said the agency is investigating "dozens" of initial coin offerings (ICOs) ...
Read more about "Ether Up from 100-Day Low, But Bounce Back Lacks Substance" on coinatory.com

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