Ether was recently trading near $1,600, a roughly 3% gain over the past 24 hours after the second largest crypto in market value also rallied late. ETH been struggling to hold support above $1,500 for the past few days. Most other cryptos in the CoinDesk top 20 spent much of the day in the red. Popular meme coin DOGE and DOT were recently off more than 2% and 1%, respectively. Trading volume was tepid compared to a week ago.
Source: https://www.coindesk.com/markets/2022/08/31/first-mover-asia-bitcoin-claws-back-above-20k-singapore-bank-heads-speech-reflects-growing-crypto-hostility/?utm_medium=referral&utm_source=rss&utm_campaign=headlines