Ethereum Drops Below $2,800 As Crypto Liquidations near $1B – Should Investors Worry?

1 hour ago

Ethereum (ETH) has retested its crucial $2,800 sup

Ethereum Drops Below ,800 As Crypto Liquidations near B – Should Investors Worry?

Ethereum Drops Below $2,800 As Crypto Liquidations near $1B – Should Investors Worry?

Ethereum (ETH) has retested its crucial $2,800 support level for the second time this week, as the broader crypto market erases all its intraweek gains. Some market observers have weighed in on whether investors should worry about King of Altcoin’s performance.

Crypto Liquidations top $917 million in the past 24 hours. Source: CoinGlass
Ethereum’s performance in the one-week chart. Source: ETHUSDT on TradingView

Featured Image from Unsplash.com, Chart from TradingView.com

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