ETH taps $2.1K as crypto, macro markets rebound: Is the bottom in?
ETH price moved above $2,150 as Bitcoin and US stock markets rallied, but does data show whether derivatives traders have turned bullish yet?
Key takeaways:
Ethereum maintains dominance in its total value locked metric, yet faces scrutiny over layer-2 scaling.
ETH inflation rose to 0.8% as onchain activity slowed, while US macroeconomic fears kept the derivatives markets in bearish territory.
