Ether drops below $ 3,800, but traders don’t want to shorten current levels Cointelegraph
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Even Ether (ETH) Reached $ 4,870 on Nov. 10, the bulls have little reason to celebrate. Year-on-year earnings of 290% have been overshadowed by an 18% drop in December prices. However, the value of the network blocked in smart contracts (TVL) increased ninefold to $ 155 billion.
The price chart of recent months doesn’t tell the whole story, and Ether’s current $ 450 billion market capitalization makes it one of the top 20 marketable assets in the world, behind the two-century Johnson & Johnson conglomerate. .
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