According to Coinmetrics, the 7 -day moving average cost of an #Ethereum transaction as of March 9 was valued at $11.14. The average gas price of #Ether has been dropping rapidly since the start of the year, plunging all the way from 218 Gwei on Jan.10 to 40.82 Gwei as of March 9.

#Bitcoin price today, which is the world's largest and most popular cryptocurrency, was trading almost flat at $19,455.81. The global crypto market cap today remained below the $1 trillion mark, as it was flat in the last 24 hours at $942 billion.

On the other hand, #Ether, the coin linked to the ethereum blockchain and the second largest cryptocurrency, slipped nearly a per cent at $1,329.98.

#Cryptocurrency prices today plunged even as #Bitcoin again below the $20,000 mark. The world's largest and most popular cryptocurrency was #trading over 2% lower at $19,980.36.

The global #crypto market cap today was below the $1 trillion mark, as it was down nearly 2% in the last 24 hours at $957.2 billion. #Ether, the coin linked to the #ethereum #blockchain and the second largest cryptocurrency, fell more than 1.5% at $1,354.10 .

Following the steep rake hike by the US Federal Reserve, top #altcoins saw a minor plunge.

The #crypto market opened on a slightly bearish note Thursday, with #Bitcoin (BTC) and #Ether (ETH) retaining the $20,000 and $1,500 price levels, respectively.

The Global #Economy Saw More Stormy Weather After #Inflation Report 

But marketcap of #crypto maintains its position with a rise of 0.37% at 1.01T

And the two biggest cryptocurrencies, #Bitcoin and #Ether, kept cruising along at about the same levels they've held for the majority of the last two weeks. #BTC remained stable at around $20,385.16, while #ETH continued to float at $1,550.24. Both prices were up slightly over the previous 24 hours.

The global #cryptocurrency market cap today remained below the $1 trillion mark, as it was flat in the last 24 hours to $797.6 billion.

#Bitcoin price today rose with the world's largest and most popular digital token #trading almost flat with a positive bias at $16,608.94. On the other hand, #Ether, the coin linked to the #ethereum blockchain and the second largest cryptocurrency, was up about half per cent at $1,198.

The global #crypto market cap stood at $798.7 billion on the first working day of 2023.

The price of #Bitcoin, the world's largest cryptocurrency, hovered around $16,600, with its #dominance currently at 40.1 per cent, which is a increase of 0.07 per cent over the day.

On the other hand, #Ether, the coin linked to the ethereum blockchain and the second largest #cryptocurrency, was also trading marginally higher at $1,200.

Happy Birthday #Ethereum 🎂

Today marks the 8th birthday of the #Ethereumnetwork and #Ether – the world’s second-largest digital asset.

5 Historic key points that contributed to Ethereum's success over 8 years.

Inception - Launched on July 30, 2015, as a blockchain platform for decentralized applications (dApps) with smart contracts.

ICO & ERC-20 - The rise of Initial Coin Offerings (ICOs) and ERC-20 tokens in 2017 expanded Ethereum's utility and adoption.

DeFi Boom - Ethereum's smart contract capabilities fueled the growth of decentralized finance (DeFi) applications.

Ethereum 2.0 - The transition from PoW to PoS began in December 2020, improving scalability and security.

Enterprise Adoption - Ethereum attracted major companies and consortiums, fostering real-world use cases and ecosystem growth.

Key Events This Week:

#Crypto #Cryptonews

📍Wed 10 Jan

🔵Anticipated Bitcoin Spot #ETF announcements by U.S. SEC

📍​Thu 11 Jan

🔵US #CPI for December

🔵US Initial Jobless Claims for the Week

​🔵#Cboe Digital Plans to Launch #Bitcoin and #Ether Margin Futures Trading

📍​Fri 12 Jan

🔵December #PPI Inflation data

Four Federal Reserve members will speak before the crucial January #Fed meeting, offering insights on upcoming inflation data.

Amberdata reports #Ether options indicating short-term bearish sentiment, with negative skew observed for one, two, and three months.

One-week call-put skew hits three-month low at nearly -8, signaling caution amid changing betting patterns. #CryptoNews
https://coinpedia.org/news/ether-options-indicate-bearish-sentiment-amid-bullish-predictions/