Skip to content

CryptoVert Blockchain App for iOS

Bitcoin, NFTs, News, and more!

Primary Menu
  • Crypto
  • Blockchain
  • NFT’s
  • Videos
  • Download App
  • Home
  • Crypto
  • Bitcoin Holds Up as Tech Stocks Plunge, Ether Sinks a Day After ETF Launch
  • Crypto

Bitcoin Holds Up as Tech Stocks Plunge, Ether Sinks a Day After ETF Launch

cryptovert July 25, 2024 1 min read

The
broad-market
crypto
benchmark

CoinDesk
20
Index

was
also
flat
over
the
past
24
hours,
with
Solana’s

SOL

and
Ripple’s

XRP

outperforming
the
broader
market,
advancing
3%
to
4%
over
the
same
period.
Avalanche

(AVAX)
,
Uniswap

(UNI)

and
Ethereum
Classic

(ETC)

were
lower
by
3%
to
4%.

Ether’s

(ETH)

price
action
disappointed
investors
despite
a

fairly
successful
spot
ETF
debut

Tuesday,
with
ETH
dipping
as
low
as
$3,300,
an
almost
4%
decline
over
the
past
24
hours.
It
also
hit
its
weakest
price
in
two
months
versus
bitcoin.

“The
real
money
interest
was
strong
enough
to
deem
the
launch
a
marginal
success,
aligning
with
general
expectations,
but
not
yet
strong
enough
to
demand
a
repricing,”
analysts
at
crypto
market
maker
Wintermute
said.
“This
may
come
in
subsequent
sessions.”

Continue Reading

Previous: Is Donald Trump Insulating Bitcoin’s Price From the Tech Stock Slide?
Next: Sygnum’s First-Half Spot Crypto Trading Doubles, Derivatives Increase 500%

Related Stories

U.S. state banking associations plan to launch their own nationwide blockchain network
1 min read
  • Crypto

U.S. state banking associations plan to launch their own nationwide blockchain network

August 26, 2026
LayerZero unveils trading infrastructure for crypto and tokenized markets, ZRO surges
1 min read
  • Crypto

LayerZero unveils trading infrastructure for crypto and tokenized markets, ZRO surges

August 26, 2026
South Korea trade giant POSCO brings trade receivables to Avalanche in latest tokenization move
1 min read
  • Crypto

South Korea trade giant POSCO brings trade receivables to Avalanche in latest tokenization move

August 26, 2026

You may have missed

U.S. state banking associations plan to launch their own nationwide blockchain network
1 min read
  • Crypto

U.S. state banking associations plan to launch their own nationwide blockchain network

August 26, 2026
Zerohash back for second effort at OCC trust bank charter
1 min read
  • Crypto

Zerohash back for second effort at OCC trust bank charter

August 26, 2026
South Korea trade giant POSCO brings trade receivables to Avalanche in latest tokenization move
1 min read
  • Crypto

South Korea trade giant POSCO brings trade receivables to Avalanche in latest tokenization move

August 26, 2026
LayerZero unveils trading infrastructure for crypto and tokenized markets, ZRO surges
1 min read
  • Crypto

LayerZero unveils trading infrastructure for crypto and tokenized markets, ZRO surges

August 26, 2026
  • Crypto
  • Blockchain
  • NFT’s
  • Videos
  • Download App
Copyright © All rights reserved. | MoreNews by AF themes.