Bitcoin (BTC) $79,449.57 -1.30%
Ethereum (ETH) $2,257.24 -0.79%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 90.791542 -3.93%
Cardano (ADA) $0.26 -2.32%
Chainlink (LINK) $10.18 -0.59%
Litecoin (LTC) $56.88 -1.20%
Dash (DASH) $44.14 -4.07%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.892909 -1.78%
X-Cash (XCASH) 7.0E-6 -1.02%
Dogecoin (DOGE) $0.00 -9.27%

Cryptocurrencies: 28938

Markets: 114107

Market Cap: $2,649,495,084,457

24h Vol: $92,480,494,105

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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