Bitcoin (BTC) $100,776.87 -3.02%
Ethereum (ETH) $3,271.04 -4.64%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 155.70657 -3.64%
Cardano (ADA) $0.52 -4.62%
Chainlink (LINK) $14.43 -4.73%
Litecoin (LTC) $86.28 -2.38%
Dash (DASH) $113.86 5.61%
Helium (HNT) 2.319213 0.51%
Polygon (MATIC) 0.25693 2.45%
X-CASH (XCASH) 2.0E-6 -48.86%
Dogecoin (DOGE) $0.00 -0.08%

Cryptocurrencies: 27846

Markets: 116350

Market Cap: $3,350,465,516,360

24h Vol: $162,289,815,217

CoinTelegraph

2022-12-20 20:03:00

Ethereum bounces above $1.2K, but derivatives metrics show traders fear a collapse

Ethereum bounces above $1.2K, but derivatives metrics show traders fear a collapse

Demand for leverage buying remains absent in ETH despite the recent bounce to $1,200 as the U.S. Federal Reserve continues to hike interest rates.

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