Bloomberg Analyst: Both ETH and S&P 500 Index show a tendency to probe lower
Bloomberg Intelligence Senior Commodity Strategist Mike McGlone posted on X platform, stating that after ETH fell below the $2000 support level, it may continue to spread downwards. The ETH SP 500 index also shows a downward trend. Previously in the fourth quarter of 2024, the overall cryptocurrency market rose, but ETH did not perform well.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
El Salvador's bitcoin holdings increased to 7,611.37 tokens
BlackRock IXUS ETF increases holdings of bitcoin-related assets
The Ethereum derivatives market sees a rare net buying, the first since the bear market in 2023.