Ethereum had to deal with a heavy blow on 3 February. The race thundered to $ 2,100 on that day, after Donald Trump announced his import duties against Canada, Mexico and China on the weekend.
In the meantime, the Ethereum Koers is a lot higher, but is the number two in the market a bargain at $ 2,800?
Decrease of 24.5% in 30 days
Although they keep hope for a change within the Ethereum community, their project continues to perform poorly. Also compared to the rest of the market.
Where the overall cryptomarkt returned around 10% of its market value in the last 30 days, Ethereum fell by 24.5% in the same period.
The professionals are also just as pessimistic about Ethereum. At the Futuresmarkt we see the lowest level of optimism in more than 30 days.
This causes doubts and worries about whether Ethereum can still restore $ 3,400 in the short term. The increased competition seems to be troubling Ethereum, but also the continuous discussion about Ether’s internal monetary policy, and of course scalability play a role.
Also positive signals for Ethereum
Incidentally, it is not just negative about Ethereum. We don’t have to overdo it either. For example, World Liberty Financial, the Defi project of the Trump family, still buys huge amounts of Ethereum from the market.
Donald Trump is of course the president of the United States, and in that respect this is not a development that we can just put aside.
Somehow it is of course strange that the president of the United States is also stirring in the financial markets in this way. It is now clear that he does things like this mainly to increase the ability of his family.
Because why would you otherwise launch a memecoin? That will certainly not get your reputation better.
At the same time, the Ethereum ETFS saw an influx of $ 487 million in the United States since January 30. In that respect, they are doing well at the moment.
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Source: https://newsbit.nl/is-ethereum-een-koopje-op-2-800/
