Ethereum Shows Signs of Rebound as Exchange Supply Hits Record Low: Santiment

Description

Ethereum has outperformed the broader crypto market over the past 24 hours, reaching a 12-day high of $2,832 before pulling back to $2,720 in early trading on Feb. 18, according to blockchain analytics firm Santiment . The move represents a 2% daily gain for ETH, while the total crypto market capitalization has declined by 2.4%, signaling relative strength for Ethereum. Santiment analysts noted that Ethereum has started to show signs of a rebound, adding that it has been outpacing most altcoins ...