Ethereum tumbles by 2% as risk appetite softens
Economies.com
2024-04-24 20:52PM UTC
Most cryptocurrencies declined on Wednesday amid a weakening risk appetite ahead of important US data.
Earlier US data showed durable goods orders rose 2.6% last month.
Now investors await crucial US GDP growth data tomorrow, estimated at 2.3% in the first quarter.
On Friday, US personal spending data will be released, expected to rise by 0.3% in March.
NNow investors are focused on corporate earnings results, especially tech companies, with Tesla reporting disappointing results yesterday.
Ethereum
Ethereum fell 2.5% as of 20:51 GMT at CoinMarketCap to $3125.3.
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