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2024-06-10 19:42:24

Is $4,000 Ethereum a distant dream? Futures premium plunge to 3-week low

Is $4,000 Ethereum a distant dream? Futures premium plunge to 3-week low


Ether (ETH) has been trading below $3,750 for the past three days, despite the imminent launch of the coin’s spot exchange-traded funds (ETFs) in the United States. Some argue that the lack of bullish momentum for ETH is due to the lack of clarity on how
long the individual S-1 fund filing approvals by the regulator could take. Regardless, Ether investors’ bullishness according to derivatives metrics has plunged to a 3-week low.

https://cointelegraph.com/news/is-4000-ethereum-a-distant-dream-futures-premium-plunge-to-3-week-low
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