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Ethereum Plummets Into Abyss of Despair as Trump Assassination Attempt and Rate Cuts Conspire Against It: Is the End Nigh?!?

A , hand-drawn illustration of a plummeting Ethereum price chart (represented by a falling mountain) being dragged down by two large hands - one labeled 'Trump Assassination Attempt' and the other 'Rate Cuts'. The background is darkening with clouds forming above. A faint image of Bitcoin can be seen in the distance, looking on.

The eternal dance of FUD, rate cuts and attempted assassinations – it’s a wonder Ether hasn’t imploded into nothingness yet. The price tumbles 6% because… well, who needs reason when you can have ‘FUD’ on X? Analysts are jumping ship like rats from the sinking crypto Titanic, with even Ethereum developer antiprosynthesis exclaiming that half his feed is ETH FUD at this point. Meanwhile, economist Alex Krüger compares Ether to a Brazilian footballer – because what’s more relevant than soccer in cryptocurrency discussions?.

Source: cointelegraph

The price of Ether tumbled 6% in the last 24 hours amid crypto market jitters, falling from an intraday high of $2,425 on Sept. 15 to bottom out at $2,260 on Sept. 16. The asset briefly dropped below $2,200 during the flash crashes of Aug. 5 and Sept. 7, and it is now back at levels not seen since January.  Meanwhile, the broader crypto market has retreated 4.5%, with total […]

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