The cryptocurrency market has seen a significant surge, with the overall market cap climbing past $3 trillion, driven by bullish sentiment. Notably, Bitcoin (BTC) has reached a trading price of $91,627, showcasing considerable upward momentum.
In contrast, Ethereum (ETH) has been struggling to match Bitcoin's performance. The fading bullish signals present a substantial risk to ETH's price stability.
Currently, Ethereum is hovering at a critical support level of $3,000, and its ability to maintain this position is under intense scrutiny. The outcome at this juncture will be pivotal for ETH's short-term price trajectory.
Source : thenewscrypto.com ↗