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Ethereum Funding Rate At 14-Month Low, What Does it Mean for ETH Price?

Ethereum Funding Rate At 14-Month Low, What Does it Mean for ETH Price?


CoinGape
2022-08-29 04:17:34

After Fed Chairman Jerome Powell’s speech last Friday, the broader equity markets and cryptocurrencies have come under severe pressure. The world’s second-largest cryptocurrency Ethereum (ETH) has seen a 12% drop in its price over the last weekend. As of press time, ETH is trading 2.66% down at a price of $1453 with a market cap The post Ethereum Funding Rate At 14-Month Low, What Does it Mean for ETH Price? appeared first on CoinGape.


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