An investor who shorted Ethereum (CRYPTO: ETH) with massive leverage is now sitting on tens of millions in unrealized profit as the market plunged following President Donald Trump's tariff announcement. What Happened: The trader took a 50x leverage bet on ETH's decline on Monday, according to on-chain tracker Lookonchain.

Ethereum is faring far worse than the rest of the crypto market today as it falls below previous levels of support.

JasmyCoin (JASMY), a prominent player in the cryptocurrency market, recently experienced a notable rise in its price, gaining over 10% within a 24-hour span. However, despite this promising upward momentum, a combination of sell-offs by large investors and looming resistance levels has created significant concerns for those holding or looking to invest in the digital asset.

The sharp reversal aligned with a cautious mood among traders after Monday's market rally following the ambitious plan, as a CoinDesk analysis previously noted.

North Korea's Lazarus Group has reportedly laundered all the 499,000 ETH, roughly $1.39 billion, stolen from the Bybit hack in just 10 days. According to a Mar.

A deeper retracement remains likely, with $155 and $145 emerging as critical support levels to watch.

Bitcoin and other major cryptocurrencies fell on Tuesday as optimism around the proposed US Crypto Strategic Reserve faded. The drop also coincided with rising trade tensions, as President Trump confirmed that tariffs on Canada, Mexico, and China would go into effect in hours.

Ethereum bulls are accumulating assets following the crypto market dip, igniting similar demand in altcoins. The asset has recorded increased daily volumes this week, signalling a possible turnaround for most traders currently in the red zone.

Trump's tariffs on Canadian, Mexican and Chinese imports, taking effect Tuesday, have 'further fueled risk-off sentiment,' says an analyst.

Kraken has announced that the U.S. Securities and Exchange Commission (SEC) has agreed to dismiss its lawsuit against the crypto exchange with prejudice. The SEC's decision means no penalties, no changes to Kraken's business operations, and no admission of wrongdoing.

March 4, 2025 05:38:24 UTC Why Ethereum Is Crashing ? Ether (ETH) has dropped 15% in the past 24 hours, reaching levels unseen since November 2023, as the broader market grapples with volatility sparked by U.S. President Donald Trump's trade war threats.

The cryptocurrency market saw a sharp selloff on Tuesday, wiping out recent gains across major digital assets. Bitcoin (BTC) once again dropped to the $84,000 level, reversing its rally after former US President Donald Trump's announcement regarding a crypto reserve.

Onchain data has revealed that FTX/Alameda has unstaked 3.03 million SOL and transferred to multiple wallets on March 4. The firm also noted that 37 wallets received the $421.3 million unstaked SOL.

The price of Bitcoin (BTC) has now erased all of its gains since the announcement of a cryptocurrency reserve that took place on Sunday.

Ethereum has fallen below $2,100, hitting its lowest level since December 2023 as Trump tariff concerns rattle markets. The cryptocurrency is down 15% in the past 24 hours, trading at $2,063, according to crypto.news price data.

Solana started a fresh decline from the $180 zone. SOL price is down over 20% and might struggle to recover above the $150 resistance.

The recent declaration by Donald Trump regarding the creation of a U.S. strategic crypto reserve has ignited a wave of debate, especially surrounding the inclusion of Ripple's [XRP]. While Bitcoin [BTC] was expected to be part of this reserve due to its recognition as “digital gold,” the choice to include XRP raised eyebrows, with some critics questioning its legitimacy.

Every last 499,000 ETH—worth $1.39 billion—stolen from Bybit by the notorious Lazarus Group has been fully laundered, and it took them only 10 days for the stolen crypto to disappear into the blockchain, according to EmberCN on X.

After a brief pump above $2,500 levels following Donald Trump's announcement of a strategic crypto reserves, Ethereum has lost all its weekend gains collapsing all the way to the $2,050 level now. With more than a 36% drop already in ETH price since the start of 2025, this could be the worst performing Q1 in

Ripple's XRP is currently down by more than 18% and is trading at $2.30 levels. The broader market sentiment has turned red after a brief rally which saw Bitcoin hitting $95k. According to analyst Josh of Crypto World, XRP is following the trends of Bitcoin and the broader stock market.

XRP price started a fresh decline from the $3.00 resistance. The price is up down over 20% and might extend losses below the $2.20 support.

Economic uncertainty and trade tensions may dampen investor confidence, potentially leading to prolonged volatility in crypto markets. The post Crypto market in free fall ahead of Trump tariff deadline—XRP, ADA, SOL post double-digit losses appeared first on Crypto Briefing.

Cryptocurrency prices were on edge on Tuesday, mirroring the performance of American stocks. Bitcoin price plunged to $84,000, a big drop from the weekend high of over $100,000. The total market cap of all cryptocurrencies tracked by CoinMarketCap plunged by over 10% to $2.77 trillion, while liquidations jumped.

Despite recovering from bearish lows following its recent uptick, a crypto analyst has predicted that the XRP price could undergo a further decline in its price to $1.5. The analyst has pinpointed a critical resistance level that XRP will need to hold lest it crashes to new lows and eradicates recent gains.

Ethereum price started a fresh decline from the $2,550 zone. ETH is now back below $2,200 and might decline further in the near term.

On March 3, 2025, President Donald Trump announced the creation of a U.S. strategic cryptocurrency reserve. This reserve will include major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). Following the announcement, XRP's value surged from $2.23 to $2.99. But can the ongoing legal battle with the U.S.

$165 million in long ETH positions have been liquidated in the last 12 hours.

XRP tumbles as uncertainty looms over Trump's crypto reserve plan. Will lawmakers back a multi-crypto strategy?

This comes as President Trump excludes ETH from his crypto policy plans.

Many industry leaders argue Bitcoin alone should be the basis of a strategic reserve, given its decentralized nature and global acceptance.

Ethereum saw a sharp decline on Monday, dropping 10.29% to $2,220.06 by 13:27 (18:27 GMT) on the Investing.com Index. This marks its steepest one-day percentage loss since March 3, pushing its market cap down to $271.46 billion, representing 9.24% of the total cryptocurrency market.

XRP fell 10.28% on Monday, marking its biggest one-day loss since March 3. Trading at $2.5090 by 13:28 (18:28 GMT) on the Investing.com Index, the price drop pushed XRPs market cap down to $149.27 billion, accounting for 5.08% of the total cryptocurrency market.

CoinShares, a major European digital asset manager, recently published a significant report detailing the largest weekly outflows of crypto asset investment products on record. The data reveals that over $2.9 billion was withdrawn within the past week, pushing the three-week outflow total to $3.8 billion.

Despite a bullish move, the market isn't completely aligned yet.

Donald Trump's Crypto Reserve has received considerable skepticism from the crypto community. Rather than a stand-alone Bitcoin Reserve, he is proposing to fill a national reserve with XRP, Cardano, and other US-based tokens.

Ethereum (ETH) is gearing up for a major upgrade, known as the Pectra Upgrade, set for release on March 5, 2025. This update is expected to bring significant improvements to Ethereum's network, enhancing scalability, security, and overall performance.

XRP retraced most of its recent “Trump pump” and data shows whales selling their positions.

Solana (SOL -21.86%) has been giving up ground over the last day of trading. The cryptocurrency's share price was down 19.4% over the previous 24 hours as of 6:45 p.m.

Despite the significant liquidation volume, major lending platforms have demonstrated resilience, continuing to function as designed even under stress.

The cryptocurrency market's focus has once again shifted to Bitcoin as it looks to regain its bullish momentum. A significant recovery ensued following a steep correction that saw Bitcoin momentarily fall below $92,000, driven by the U.S. announcement of a strategic crypto reserve.

Zora, a multi-chain NFT and tokenization protocol, has revealed plans to launch its own token on Ethereum layer-2 Base with an airdrop.

The cryptocurrency market has experienced significant volatility recently, and Solana (SOL) has been one of the standout performers, making noticeable gains. As of today, SOL has risen by 15.92%, catching the attention of traders and investors alike.

President Trump's plan to create a strategic reserve of altcoins—and not solely Bitcoin—is puzzling analysts at Bernstein.

Solana price is in the spotlight as the wallets linked to the bankrupt FTX Derivatives Exchange have received a massive SOL stash in a significant headwind for the coin. According to an update from Arkham Intelligence, the wallets tied to the FTX and Alameda Research Estate received 3.033 million Solana from an unidentified address.

XRP price is consolidating within a Wave 4 formation, maintaining a structured pattern that aligns with technical expectations. The top altcoin has bounced off a key support level, now forming a triangle pattern, suggesting a period of price compression before a breakout.

President Donald Trump's influence is being felt in the crypto markets, with coins falling alongside stocks ahead of tariffs taking effect.

Crypto analysts suggest that the XRP price is nearing a breakout zone following an influx of institutional investors. The next point for the asset is the $2.77 mark, leading to higher price action.

A crypto trader made $6.8M in 24 hours after executing 50x leveraged BTC and ETH trades.