Ethereum forming a double top? ETH price loses 12.5% amid Evergrande contagion fears By Cointelegraph
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Ethereum forming a double top? ETH price loses 12.5% amid Evergrande contagion fearsPrices of ‘s native asset, Ether (ETH), slumped on Sept. 20 amid a broad sell-off in the cryptocurrency market, led by worries about a potential housing bubble crisis brewing in China.
The exchange rate dropped as much as 12.52% to $2,911 on the Coinbase (NASDAQ:) exchange, hitting its lowest levels since the beginning of August. Elsewhere in the crypto market, (BTC), Binance Coin (BNB), (ADA), Solana (SOL) and other top tokens plunged in tandem.
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