News > Bitcoin Plunges To US$ 22,954, Ether Fell Sharply By 3%

Bitcoin Plunges To US$ 22,954, Ether Fell Sharply By 3%

Good Returns | 02/08/2022 07:13 PM | Click to read full article

Major cryptocurrencies are plummeting again in early August. Bitcoin has plunged, whereas, Ethereum has continued to retain its US$1.5k resistance. The probable launch of the Ethereum Merge in September is one of the major triggers for investors to continue to hold the ETH token.

Nevertheless, major crypto companies continue to suffer financial crises, filing for bankruptcy or being forced to look for emerging cash infusions.