Ether avoids deeper altcoin retracement

Ether (ETH) was the most unscathed on the day, down 0.6% and still a stone’s throw from all-time highs.


ETH/USD 1-hour candle chart (Bitstamp). Source: TradingView
Others fared slightly worse, with 4% daily losses not uncommon among the top 10 cryptocurrencies by market capitalization.