On November 2, the price of ether set a new all-time high above $4,500.
Most of the cryptocurrency market is green. While Bitcoin cannot show strong growth, altcoins are growing by tens of percent, and meme currencies by hundreds and thousands. MANA set new ATH above $3.00, BNB above $560, and ETH is now trading above $4,500.
Today, another $1 billion USDT was issued on the Tron blockchain. Historically, after new batches of USDT were poured into the market, the crypto market began to grow sharply.
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Analysis of cryptocurrency pairs BTC/USD, ETH/USD, XRP/USD as of 08/11/2018
The intense fall should stop today. The price will attempt to consolidate near the support level.
A record amount of ETH was withdrawn from exchanges in one day
In 24 hours, clients of centralized exchanges withdrew about $1.2 billion in ETH to their personal wallets. The last time this happened, the price of ETH began a parabolic rise.
