CandleFocus

Ethereum Sees Strong OTC Demand Amid Volatility Spike Despite Fund Collapse Rumors

Ethereum Sees Strong OTC Demand Amid Volatility Spike Despite Fund Collapse Rumors
The news content highlights the challenges faced by Ethereum, the second-largest cryptocurrency. The price of ETH has experienced a significant decline of 33% from its year-to-date high and is currently performing worse than Bitcoin. Additionally, Ethereum has lost market share in important sectors to competitors like Solana and Tron. Furthermore, the Ethereum Foundation has sold a portion of its holdings.

Related News