Is Ethereum setting up to outperform Bitcoin in November?
Photo: AMBCrypto
Risk assets are pulling back over the weekend. Is this more than just a coincidence? With U.S. President Donald Trump hinting at the possibility of the U.S. attacking Iran, the market has become highly volatile. Bitcoin crashed below $80k, while ETH slipped below $2.3k. However, traders are shrugging off the drop as a “strategic” washout as it goes into the weekend. As order books thin, sell pressure increases. If high-caps break below key support, this causes longs to be liquidated in a chain reaction. Thus, this could be just another weekend dump.
Source: AMBCrypto
