Ethereum tumbles 7% right after new all-time highs: Are ETH bulls in trouble?
Ethereum has fallen by more than 7% in the last several hours, a day after breaking its ETH/USD all-time high from three years ago. The price of Ether (ETH), the native cryptocurrency of Ethereum, fell sharply as Bitcoin (BTC) corrected overnight on Jan. 20.Bitcoin price slid to as low as $34,000 on Binance, recording a 10% drop since yesterday’s peak.Bitcoin price chart with key levels. Source: TradingView.com, TraderXOWhy did Ether price drop particularly hard?Ether has outperformed Bitcoin so far in January, as Cointelegraph previously reported. As Bitcoin started to consolidate with....
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