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Ethereum Price Drops 5% Amid Foundation Selling and Market Commentary

(12 hours ago) · 1 source · Summarized by CryptoBipto

Ethereum's native token ETH fell approximately 5% as reports indicated the Ethereum Foundation continued selling ETH holdings. Economist Peter Schiff also publicly commented on Ethereum's price decline.

WHY IT MATTERS

The Ethereum Foundation is the nonprofit organization that helps fund the development of Ethereum, one of the largest blockchain networks.

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SOURCES

  • cryptopotato.com

RELATED

ETHEthereumPrice MovementEthereum FoundationMarket Commentary