Ethereum Volume Influenced by Twitter Activity, New Data Reveals

Ether (ETH) price lost more than 40% this week, even hovering around $100 on the day which is now being considered the new Black Thursday in crypto and traditional markets. In recent hours Ether has bounced back slightly to trade in the $120 to $130 range.

However, in 2017 Ether and saw a great increase in prices and also in the number of tweets mentioning . The number of tweets reaching an average of 12,622 daily tweets during that year. However, in 2018, a year in which Ether’s produced a -78.6% return, the average number of tweets increased to 15,029 which was the highest across the years.

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