Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Ethereum Is Sinking Today

TheMotleyFool

0 0

Ethereum (CRYPTO: ETH) is heading lower in Monday's trading. The cryptocurrency's token price had fallen 2.2% over the past 24 hours of trading as of 3 p.m. ET. Bitcoin's token price had fallen 0.8% over the same stretch.

The cryptocurrency market hit its highest-ever valuation level last week, and Ethereum reached its highest token price in four years. Investors are selling to take profits following the recent rally and looking at some potential risk factors that could disrupt bullish momentum.

Image source: Getty Images.

Source Fool.com

Like: 0

ETH

Share