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Ethereum Price Prediction as OnlyFans Parent Company Confirms ETH Holdings

The Ethereum price has dropped by 1% in the past 24 hours, falling to $1,633 as the cryptocurrency market as a whole slips by 0.5% in the same amount of time. ETH is now down by 2% in a week and by 12% in the last 30 days, with the coin remaining up by 36% since the beginning of the year. Yet Ethereum could receive a boost in the next day or so, after it emerged yesterday that the parent company of adult content site OnlyFans has invested a chunk of its working capital in the altcoin. With ETH falling 1% since Sunday night, its chart and indicators continue to look weakened, so weakened that it would be expected to rebound soon under normal circumstances.

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