Following a recent $1.5 billion heist affecting Bybit, Ethereum has experienced an 8% drop to $2,500. However, technical analysts remain bullish, pointing to signals such as an ascending triangle pattern, which typically precedes major price rallies. Ethereum's role as a leader in the cryptocurrency market persists.
As the market digests this turmoil, the potential for Ethereum to reach the $5,000 mark grows clearer day by day. Other cryptocurrencies like Cardano and Mutuum Finance are still vying for prominence in this volatile landscape.
Kaynak: blockonomi.com ↗