Ethereum Falls Below $1,600; Arbitrum Becomes Top Loser
Portfolio Pulse from Lisa Levin
Cryptocurrency prices fell on Monday, with Bitcoin trading below $26,000 and Ethereum falling below $1,600. Tether Gold was the top gainer over the past 24 hours, while Arbitrum was the biggest loser. The global crypto market cap fell to $1.03 trillion, a 24-hour decline of 0.8%.
September 11, 2023 | 1:31 pm
News sentiment analysis
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NEGATIVE IMPACT
Arbitrum turned out to be the biggest loser, with its price dropping by 6.5%.
The news reports a significant drop in Arbitrum's price, which is likely to negatively impact its short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Bitcoin traded lower, falling below the $26,000 mark.
The news reports a drop in Bitcoin's price, which is likely to negatively impact its short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Ethereum traded lower, falling below the key $1,600 mark.
The news reports a drop in Ethereum's price, which is likely to negatively impact its short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100