Sunday, November 17, 2024
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Ether drops below $3,800, but traders are unwilling to short at current levels

Even though Ether (ETH) reached a $4,870 all-time high on Nov. 10, bulls have little reason to celebrate. The 290% gains year-to-date have been overshadowed by Dec.'s 18% price drop. Still, Ethereum's network value locked in smart contracts (TVL) increased nine-fold to $155 billion.Looking at the past couple of months'

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