Originally published at: Bitcoin, Ethereum Flash “Bottoming Out” Signal As Whale Transactions Hit Multi-Year Highs (Zycrypto) – We Never See Nothing
Despite signaling a recovery on Wednesday following the Fed raising interest rates, Ethereum, alongside Bitcoin and other cryptocurrencies tumbled on Thursday in a classic “buy the rumor sell the news” fashion, carrying on a losing streak that has eclipsed the entire crypto market beginning late March. As of writing, ETH is trading at $2,556, down 47%…