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Ether Prices Fall Relative to Bitcoin

January 23, 2023
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More FTX Fallout as Traders Turn Defensive
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Ether also rose then dipped on Monday but continued to trade comfortably over $1,600, about flat from Sunday, same time. Other major cryptos were mixed with AVAX, the token of base layer protocol Avalanche, and XRP, the native crypto of open source public blockchain XRP Ledger, up more than 4% and 5%, respectively, but AXS, the governance token of gaming platform Axie Infinity, dropping more than 12%. AXS had soared more than 40% on Sunday. The CoinDesk Market Index (CMI), a measure of leading cryptos’ market performance, was up slightly.

Read full article on Coin Desk

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