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Ethereum’s Insane $2.5K Plunge Is Just the Latest Chapter in Crypto Bro Circus

A  illustration of an Ethereum blockchain breaking free from chains and rising upwards amidst flames that are being extinguished by green firehoses, symbolizing recovery and growth.

Crypto bros and their ‘final dips’ – we’ve seen this dance before, folks! It’s like watching a group of middle schoolers trying to convince each other that the latest Fortnite season is actually going to be super good (spoiler alert: it never is). The Ethereum community has been caught up in yet another round of FUD-filled doomsday predictions and ‘analyst’ claims that this time, things are different. Newsflash: they’re not.

Source: cointelegraph

Ether (ETH) price has struggled to find bullish momentum for months, with the altcoin demonstrating a mere 1% rise in October compared to Bitcoin’s (BTC) 14% return. The perceived lack of interest from retail and institutional investors is also weighing on Ether price, with the ETH ETF witnessing $4.4 million in inflows on Oct. 30 compared to BTC ETF’s $893 million. That is a 0.49% share relative to its direct […]

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