$2200 Was Likely The Ethereum Bottom Says Pantera Capitals Joey Krug - BitcoinEthereumNews.com
Ethereumपनटेरा कैपिटल के जॉय क्रुग कहते हैं, $ 2200 एथेरियम बॉटम की संभावना थी02 / 17 / 2022बिटकॉइन एथेरियम समाचार During the crypto market crash in January, Ethereum (ETH) price dropped below the $2,200 price level. It was Jan. 24th when ETH price went down to its lowest since July 2021. Pantera Capitals Joey Krug believes that $2,200 ETH was likely the bottom. Joey Krug Says $2200 was the ETH bottom? In a recently published blog by Pantera Capital, Dan Morehead, CEO, and Joey Krug, Co-CIO have shared some useful insights into the market behavior. He said, “Our macro view here is that crypto definitely got hit by a lot of the news surrounding the interest rate hikes that the Fed is planing. As of today, the markets pricing in about five rate hikes—and I think a lot of that is being overplayed in crypto”. Ethereum (ETH) went down to a low of about $2,200 or so, and if you look at the 10-year treasury, it peaked at about 1.9% and its kind of leveled off since then, he added “Our view is it‘s going to decouple over the next number of weeks and crypto will sort of trade independently again. It’s my personal view that