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Learning & News => News related to Crypto => Topic started by: newshunter on December 04, 2021, 07:00:40 AM

Title: Regulatory fears put a damper on Ethereum traders’ $5,000 target
Post by: newshunter on December 04, 2021, 07:00:40 AM

Regulatory fears put a damper on Ethereum traders’ $5,000 target

This week, ETH price came within 2% of a new all-time high before U.S. lawmakers announced a hearing to discuss stablecoins and the need for eventual regulation. 

Source: Regulatory fears put a damper on Ethereum traders’ $5,000 target (https://cointelegraph.com/news/regulatory-fears-put-a-damper-on-ethereum-traders-5-000-target)

Would appreciate your opinion about this

Title: Re: Regulatory fears put a damper on Ethereum traders’ $5,000 target
Post by: Bobcrypto on December 04, 2021, 09:58:49 AM

I think this fears is just everywhere on the crypto economy. As at the time of writing this post, 9:52am GMT, 5/12/2021, the market is going down including Ethereum. The most popular crypto the Bitcoin, is driving the entire market down with some big liquidation due to fud, and not just regulatory  fears only but also a possible bear market fears that may be knocking on the marketing.