Ethereum Weekly (12/16/22)

Ethereum (ETH) like most "risk" assets did not react well to the Federal Reserve's statements and findings which can be found in my article Fed Raises Interest Rate Half Percent - What's Next? The second largest cryptocurrency fell about 2.5% after the Fed's "Hawkish" stance was communicated by Jerome Powell on Wednesday on heavy trading volume of around $8.3 billion looking at CoinGecko's figures.

cryptomasterminer's Recent Blog Posts

Ethereum Weekly - Edition 15 Welcome to the latest edition of Ethereum Weekly and Happy St. Patrick's Day! Ethereum (ETH) had a big week along with other risk assets after the US government…
1 year ago
What Silicon Valley Bank collapse? Bitcoin (BTC) didn't have a particularly good week but a rally today helped recover many of the losses from the last week or so with approximately a 20% jump…
1 year ago
Ethereum (ETH) had a rough day a week ago at the start of the Silvergate Bank fiasco as we discussed in last week's article and the hits keep coming. Ethereum fell around 10% over the previous…
1 year ago
Bitcoin (BTC) fell over $1,000 last week after a rough start to the weekend thanks to the Silvergate Bank issue. The nearly 5% fall in price that resulted saw BTC shed some of this year's gains…
1 year ago
Ethereum (ETH) had a relatively quiet week last week, but today is a different story pushing the total loss to around 5% depending on when you check the past seven days. Most of that damage occurred…
1 year ago