Ethereum Tops 2021 All-Time High As Bitcoin Suffers A Flash-Crash, 24-Hour Liquidations Soar Past $800M, And The Crypto Fear And Greed Index Drops Below 50
Ethereum topped its 2021 all-time high (ATH) to reach $4,946 as Bitcoin suffered a flash-crash, pushing 24-hour liquidations past $800 million and forcing the Crypto Fear and Greed Index below 50. The crypto space fell over 2% in the last 24 hours to a market capitalization of $3.94 trillion. ETH also traced from the new peak to trade at $4,577 as of 4:16 a.m. EST, while Bitcoin fell more than 2% in the last 24 hours to trade at $111,768. The biggest 24-hour losers include Mantle (MNT) (11%), Pudgy Penguins (PENGU) (9.85%), and OKB (OKB) (9.44%), according to CoinMarketCap data. Meanwhile, the top gainers were Monero (XMR), VeChain (VET), and XDC Network (XDC), experiencing 2.67%, 2.50%, and 0.33% price increases, respectively. Ethereum Price Hits Record $4.9K, Breaking 2021 All-Time High After achieving a new ATH, the Ethereum price entered a correction phase. The recent surge is part of a longer-term trend that has seen the price of Ethereum soar 74% in the last 3 months...