Market Cap: $3,052,473,135,211
24h Vol: $86,926,750,486
Cryptocurrencies: 28005
Markets: 116055
Cryptocurrencies: 28005
Markets: 116055
Market Cap: $3,052,473,135,211     
24h Vol: $86,926,750,486
Seeking Alpha 2021-02-07 17:23:26

Jittery Ethereum traders lighten up ahead of CME futures launch

Jittery Ethereum traders lighten up ahead of CME futures launch
Ether (ETH-USD) futures are hours away from arrival at the [[CME]], with trade in the 2nd-most popular of cryptos set to begin at 6 PM ET.Those with even modest memories will remember that the beginning of Bitcoin (BTC-USD) futures trade at the CME in late 2017 nearly perfectly coincided with the (then) epic top in that crypto.Possibly worried that lightning is about to strike twice, Ether traders - after having bid up the price to a record $1,750 on Saturday morning - have been selling heavily since. At current pixel time, Ether is changing hands at $1,560.The action has chilled the price of Bitcoin as well - that's down to $38.1K after nearly hitting $41K about 24 hours ago.
esptco-banner img
Latest News

Videos

  • What is Bitcoin (BTC) & How it Works? Simply Explained!

  • Brave Browser Review 2022: Why Brave Browser is Good for Crypto?

  • What are NFTs? How will it change the way we use things? Simply Explained!

  • A Beginner Guide to Web 3.0: Everything You Need to Know About Web 3.0!

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire