Ether, bitcoin and other major cryptos drop in weekend trading as investors eye the coming FOMC meeting and housing data; the Ethereum blockchain faces multiple headwinds in the near future. JPRubin23 and TheSamReynolds report
Investor euphoria about last week's technological transformation of the Ethereum blockchain seemed far gone as ether's price on Sunday tumbled to its lowest level since late July.
For now, ether and other cryptos seem likely to continue their vulnerability to the same macroeconomic forces that have been affecting stocks and other riskier assets for months.
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