2024-11-08 00:21
IndustriyaEthereum Price Forecast: ETH struggles below $2,50
Ethereum price today: $2,420
Ethereum sees higher allocation than Bitcoin in State of Michigan Retirement System portfolio following the fund's $11 million ETH ETF holdings.
Despite the investment, ETH ETFs continue to underperform BTC ETFs as the top altcoin's market dominance plunges further.
Ethereum could find support around a key descending trendline and its major demand zone near $2,258.
Ethereum (ETH) is trading near $2,420, down about 1% on Monday, but could bounce off a key descending trendline close to the $2,258 historically high demand zone. Meanwhile, the State of Michigan pension fund revealed an investment of $11 million in ETH exchange-traded funds (ETFs) despite its underperformance compared to Bitcoin ETFs.
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Ethereum Price Forecast: ETH struggles below $2,50
| 2024-11-08 00:21Ethereum price today: $2,420
Ethereum sees higher allocation than Bitcoin in State of Michigan Retirement System portfolio following the fund's $11 million ETH ETF holdings.
Despite the investment, ETH ETFs continue to underperform BTC ETFs as the top altcoin's market dominance plunges further.
Ethereum could find support around a key descending trendline and its major demand zone near $2,258.
Ethereum (ETH) is trading near $2,420, down about 1% on Monday, but could bounce off a key descending trendline close to the $2,258 historically high demand zone. Meanwhile, the State of Michigan pension fund revealed an investment of $11 million in ETH exchange-traded funds (ETFs) despite its underperformance compared to Bitcoin ETFs.
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