Ethereum drops 7% in January, but next 2 months typically ‘very good’ for gains

Ethereum (ETH) dropped approximately 7% in January, unlike Bitcoin’s upward trend. It fell from a high of 3,400 USD to a low of 3,170 USD.

February and March have historically been excellent months for ETH, with notable gains. February has seen consistent increases for six consecutive years, including a rise of over 46% in 2024.

ETH’s price is affected by broader market trends. Experts remain optimistic, citing strong historical performance and resilience within the Ethereum community despite current market challenges.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts