Altcoins
BlockDAG Overtakes Altcoins 2024 Stunning Ethereum and Chainlink
The Ethereum market is currently marked by volatility, with key support levels around $2,800 being tested. If this support were to be broken due to continued selling pressure, Ethereum could experience further price declines. Despite a 14% drop in trading volume, which reflects the market’s cautious stance, Ethereum began attracting $30 million in inflows, breaking a seven-week trend of outflows and signaling renewed investor confidence. The expected SEC decision on the Ethereum ETF adds to the anticipation, setting $2,800 and $3,300 as crucial prices for Ethereum’s near-term direction.