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Ethereum Plunges During Friday Session

From dailyforex.com

Ethereum felt rather significantly during the trading session on Friday, as we have seen a decidedly “risk off” type of environment. In fact, Ethereum is down almost 6.5% for the session, as we continue to see Ethereum move back and forth with the overall risk appetite of traders around the world, and of course Ethereum continues to be very far out on the risk appetite spectrum, and that of course means that Ethereum will fall significantly anytime that the rest of the market breaks out. Trump Tweet Donald Trump decided to tweet and complain about the way the Chinese are negotiating, which has sent risk appetite ... (full story)

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  • Category: Technical Analysis