logo
welcome
CoinGape

CoinGape

How Did Ethereum Price Lose 9% of Its Value in Just 24 Hours?

CoinGape
Summary
Nutrition label

67% Informative

ETH price fell 9% as it leads $700 million in total crypto liquidation in the last 24 hours .

ETH price tumbled to mid-November levels of $ 3,300 as traders took cues from robust US macroeconomic data.

Spot Ethereum ETFs recorded net outflow of $86.8 million on Tuesday .

ETH futures OI 9.04 million are now valued at $30.33 billion .

VR Score

50

Informative language

38

Neutral language

64

Article tone

formal

Language

English

Language complexity

34

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links