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Saturday, October 1, 2022

Bitcoin Retreats from All-Time High; Ether Outperforms

Ether, the world’s second-largest cryptocurrency by market capitalization, slipped below the $4,000 price level on Friday. Similar to bitcoin, technical indicators show ether is at its most overbought point since September, which preceded a sharp price pullback. This time, however, ETH’s pullback could be limited to around the $3,700 support level.


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