It looks like we've hit a decent level of support for ether (ETH) as we hug the $2,200 level and, coincidentally, the 38 Fibonacci retracement level - one of the indicators traders use to gauge potential price stall or reversal.
While we've recently seen an uptick in interest rates (10-year currently at 4.12%), the longer-term trend lower, for real rates, is still supportive for digital assets, especially the smaller-cap altcoins contained within the CoinDesk 20 Index- a benchmark that tracks top cryptocurrencies.
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