Exchanges are still waiting on permission to list options on spot Bitcoin ETFs, too.
Read moreEthereum price recovery from 8-month low could take longer than expected — Analysts
Several factors accelerated ETH’s drop to $2,100, and analysts warn that the recovery could take some time.
Read moreJump Trading’s Ether dump: Smart move or sign of trouble?
Jump Trading’s aggressive Ether sell-off, coinciding with Japan’s market crash, raises questions about its strategy and market exit.
Read moreMarket makers sold over $300M Ether as ETH price crashed below $2,200
Ether’s price fell from above $3,000 to $2,100 due to selling pressure from a select group of market makers.
Read moreCrypto market crash triggered by ‘aggressive’ selling by Jump Trading: Report
Jump Trading significantly contributed to the crypto market sell-off, and it could be looking to sell another $104 million worth of crypto.
Read moreCrypto products shed $528M amid recession fears — CoinShares
As Bitcoin dropped below $50,000, analysts expect more outflows that would potentially drive prices down to $42,000.
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