Ethereum (ETH) is down over 4% on Thursday as traders expect high volatility with the US elections approaching.
Ethereum performance could hang on US election due to DeFi's regulatory hurdles Ethereum is down over 4% on Thursday as traders expect high volatility with the US elections approaching. The election results could spark a massive price movement in ETH due to regulatory hurdles the DeFi ecosystem has yet to overcome. XRP declines 4% as Ripple executives slam SEC appeal of Ripple case XRP extended its losing streak on Thursday. The asset slipped to $0.
The US financial regulator’s decision to file an appeal on Thursday of the Ripple lawsuit has invited criticism from Ripple executives and XRP holders. Bitcoin is at risk of further decline if it breaks below the key support level Bitcoin trades slightly down on Thursday, after declining over 7% this week, and holds near a crucial support level; a sustained close below this threshold could signal further declines ahead.
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