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Ethereum Ends the Week Strong, but Not Strong Enough to Avoid a 5% Drawdown
Ethereum tokens are on the move today, up more than 2.4% over the past 24 hours (as of 2:20 p.m. ET), as the broader cryptocurrency market recovers. However, on a one week-basis (from 4 p.m. last Friday), this token is actually down 5%. That shouldn't be a surprise to most investors, considering the overall market capitalization of the entire sector dropped 6.2% over the same time frame. Now, one could look at those numbers and surmise that Ethereum has actually been an outperformer over the past week, an argument I'd hold is likely true. But let's dive into this weekly volatility, and see what investors are making ... (full story)
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