Ethereum 4 Hour Price Update

Updated June 09, 2020 03:20 AM GMT (11:20 PM EST)

The choppiness in the recent four-hour candle price action of Ethereum continues; to start the current 4 hour candle, it came in at a price of 243.25 US dollars, down 1.31% ($3.22) since the previous 4 hours. Those trading within the Top Cryptos asset class should know that Ethereum was the worst performer in the class during the previous 4 hours.

Ethereum is up 0.7% ($1.72) since the day prior, marking the 3rd day in a row it has gone up. This move happened on lower volume, as yesterdays volume was down 22.29% from the day before and down 38.06% from the same day the week before. On a relative basis, the day prior was pretty good: Ethereum bested all 5 of the assets in the Top Cryptos class Below is a daily price chart of Ethereum.

Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. For another vantage point, consider that Ethereums price has gone up 9 of the previous 14 trading days.

Behold! Here are the top tweets related to Ethereum:

We had the pleasure of hosting @sassal0x, Co-Founder of @ethhub_io, for our most recent Masterclass session on The Growth of DeFi.Anthony explained how #DeFi on Ethereum has evolved over the past 3 years, how it started, and where DeFi is headed in the next few years.

Airdrop update!Due to the high fees on the Ethereum network, sending airdrop is x10 of the original cost. We apologize to all airdrop participants for the delays.Airdrop will be distributed when the fee goes down a bit.Thank you all.@cctip_io airdrop 300 REMI 200

People will be taken completely off guard by the coming rise of $QNT.They will regret not doing their research and cant believe they didnt see it coming when it was so obvious.This will be an Ethereum type of run, and fact is, even at $100+, its still a great buy!

For a longer news piece related to ETH thats been generating discussion, check out:

Ethereum Unique Addresses Surpasses 100 Million, Investors Are Holding More ETH than BTC Now

Besides the gains, the total number of addresses holding ETH at 39.96 million now surpasses those holding bitcoin at 30.1 million, as per IntoTheBlock.This growth is seen as Ethereum makes strides towards launching Ethereum 2.0 which is evident from the number of wallets holding more than 32 ETH, the threshold to stake, which has been increasing over the last year.As of June 3rd, 22.39 million addresses have been holding 61.22 million ETH for over a year now.

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Ethereum (ETH) Down $3.22 in Last 4 Hours, Outperforms All Top Cryptos to Start the Day; Started Today Up 0.7% - CFDTrading