Number of Ethereum addresses in a loss hit a 2-year high - BitcoinEthereumNews.com
EthereumNumber of Ethereum addresses in a loss hit a 2-year high05 / 21 / 2022बिटकॉइन एथेरियम समाचार Ethereum (ETH), the second-largest cryptocurrency by market capitalization, fell below $2,000 on Friday, May 20, as the crypto market continues to suffer. Notably, the number of Ethereum addresses in a loss reached a 2-year high of 33,403,723.452, at press time, as noted by the on-chain metrics platform शीशा में कलरव मई 21 पर. Furthermore, the hourly chart shows that the number of addresses in a loss started to climb at the start of 2022. स्रोत: ग्लासनोडCrypto market feels the effects of a rate hike The market has been trying to digest the aggressive approach by the Federal Reserve (Fed) to tame inflation by raising interest rates. Risk asset prices have been extremely volatile throughout the year, with ETH prices touching $1,800 last week, representing its lowest point since July 2021. Usually, Ethereum prices follow the price action of Bitcoin; however, the massive software update called विलय is weighing over the future of the token. Nonetheless, market participants would argue that the crypto market reflects global worries around the यूक्रेन में युद्ध, surging inflation, and the U.S. governments changing monetary policy. More recently, governments have shown interest in विनियमन the crypto