Posted 2/26/2024, 1:01:00 PM
Bitcoin Drops Below $51K; Ethereum Rebounds on ETF Hopes as Crypto Platforms Expand Despite Overheating Risks
- Bitcoin price could drop to $47,000 as it falls below $51K, near bottom of recent trading range
- Ether regained $3,100 on potential for spot ETFs; layer-2 platform Mantle's token surged 30%
- Forex trading platform Oanda launching UK crypto trading platform registered with regulator
- Frax Finance may soon distribute protocol fees to stakers of governance token FXS
- Funding rates and leverage levels for top 25 cryptos indicate market looks overheated, risk of liquidations