Event JSON
{
"id": "a27807b4f473652d4fe732eac043cf98f67a2537e4e0eff9997224f68ffaec8e",
"pubkey": "4f02cb250da07a2fafdf1bc40bee1360da7f1b68767142469a04f0b13776608a",
"created_at": 1744297608,
"kind": 1,
"tags": [
[
"r",
"https://crypto.news/ethereum-price-rally-stalls-as-economist-maintains-recession-odds-at-60/"
],
[
"subject",
"Ethereum price rally stalls as economist maintains recession odds at 60%"
],
[
"published_at",
"1744297032"
],
[
"image",
"https://crypto.news/app/uploads/2024/12/crypto-news-Ethereum-dollars-option01.webp"
],
[
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"4f02cb250da07a2fafdf1bc40bee1360da7f1b68767142469a04f0b13776608a",
"wss://relay-testnet.k8s.layer3.news"
],
[
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"url https://crypto.news/app/uploads/2024/12/crypto-news-Ethereum-dollars-option01.webp"
],
[
"t",
"crypto:perspective"
],
[
"summary",
"The cryptocurrency market experienced a significant decline, with Ethereum dropping to $1,560 and other top altcoins like Zcash, Tezos, and EOS pulling back from their highest levels. The decline is attributed to growing concerns about a potential US recession, with Moody's chief economist Mark Zandi warning of a 60% chance of a recession this year. The ongoing trade war between the US and China and the high effective US tariff rate are also contributing factors."
]
],
"content": "nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgz0qt9j2rdq0gh6lhcmcs97uymqmfl3k6rkw9pydxsy7zcnwanq3gk2xvke\nhttps://crypto.news/app/uploads/2024/12/crypto-news-Ethereum-dollars-option01.webp\nEthereum price pulled back and erased some of the gains made earlier on Thursday as concerns about trade remained. Ethereum (ETH), the second top cryptocurrency, dropped to $1,560, down from the intraday high of $1,700. Other top altcoins like Zcash…\nhttps://crypto.news/ethereum-price-rally-stalls-as-economist-maintains-recession-odds-at-60/",
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}