Since May 12, Ether (ETH) price has been struggling to sustain its $1,800 support level as investors face pressures from a worsening crypto regulatory environment and the Ethereum network’s high gas fees. Also negatively impacting Ether’s price are 3 indicators signaling reduced demand for its decentralized applications (DApps) and a lack of leverage buying demand from professional traders. Regulators signal their plan to further limit crypto intermediaries According to court documents filed on May 15, the U.S. Securities Exchange Commission (SEC) has given a formal response in court in relation…
3 reasons why Ethereum price could struggle at the $1.9K level
