quote$$$ETH #TradeStories
The fall of top crypto assets contrasted with the situation of the previous week, when there was a significant increase. At that time, Ethereum $ETH #ETH $2,566.45 rose almost by 40%, while altcoins showed double-digit profits. This led to the closure of short positions worth over a billion dollars — the largest since 2021.
One of the external factors that may have influenced the market was the announcement of a reduction in trade tensions between the USA and China. While stock markets reacted positively to the news, the cryptocurrency segment lost some of its investor enthusiasm, #NewsTrade