What happened to Ethereum in 2022?
Since November 8, 2022, Ethereum has struggled to rally past the $1,400 resistance level. Earlier today, ETH breached that level and rallied as high as $1414.11, the coin’s new monthly high. According to data from Coinglass, Ethereum is leading liquidation activity.
Are Bitcoin and Ethereum good long-term buys?
Ultimately, I do think Bitcoin and Ethereum will end up being good long-term buys. Nothing from the FTX meltdown has changed my mind about these two cryptocurrencies, and I still believe they are the two best right now. While it could take longer to get past the FTX scandal, I do think crypto is here to stay.
What's happening with Ethereum-based NFT?
Apart from the bullish price action, Ethereum-based NFT trading volume has also spiked 38.45% to $28.679 million over the past 24 hours, according to data from Cryptoslam.
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