It has been another miserable week for Ethereum as prices continue to erode. New sales have stalled the second largest crypto asset in the world in a minimum of nine months today. Decentralized Finance (DeFi) markets are in an opposite trend with continued growth in the sector.
Ethereum Hits $140
Ethereum is still in a two-year bear market and has made little effort to overcome itself despite the solid fundamentals. Its market capitalization has been reduced by $15 billion. Much more than the $100 billion invested in tokens in early 2018.
A 4% dump on the day has seen ETH prices drop to $140 a few hours earlier. In addition to a brief fall on November 25, the asset has not weakened since the end of March nine months ago.
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