The Story
News Summary
- Cryptocurrencies tumbled following hotter-than-expected US producer price inflation, triggering over $450 million in market liquidations.
- Bitcoin dropped below $77,000 while Ethereum consolidated around $2,450.
- Despite analysts projecting eventual upside toward $3,000 for ETH, on-chain data warns of near-term long squeezes and whale distribution.
Explore ETHUSD price history & advisor snapshot
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Stored market data
ETHUSD price history
2513.85
+24.03% over the displayed period
Advisor Snapshot
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