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Ethereum bounces above $1.2K, but derivatives metrics show traders fear a collapse

Ether (ETH) gained 5.6% on Dec. 20 after testing the $1,150 support the previous day. Still, a bearish trend prevails, forming a three-week-long descending channel, a price action attributed to expectations of further U.S. Federal Reserve interest rate hikes.Ether/USD price index, 12-hour. Source: TradingViewJim Bianco, head of institutional research firm

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Bitcoin targets $16.7K amid fear BNB may ‘drag whole crypto market down’

Bitcoin (BTC) looked set to ditch $17,000 after the Dec. 16 Wall Street open as United States equities continued to fall.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: $240BNB "has nothing but air below it"Data from Cointelegraph Markets Pro and TradingView tracked new intraday lows of $16,743 for BTC/USD on Bitstamp.The

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Bitcoin price skirts $19.3K amid fear over ‘mother of all rug pulls’

Bitcoin (BTC) traders lay in wait for fresh volatility on Sept. 29 as BTC/USD cooled near $19,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewVolatility absent a day before the monthly closeData from Cointelegraph Markets Pro and TradingView charted a calm overnight phase for the largest cryptocurrency, which hit intraday highs above

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