Cryptocurrencies bitcoin and ether dropped to multi-month lows on Tuesday, caught up in a general cross-market sell-off, and as traders continued to process last week's hack of $1.5 billion worth of ether from cryptoexchange Bybit.

Crypto exchange Bybit has recently announced that it has replenished its reserves following its staggering $1.5 billion hack, marking the largest breach in the history of the cryptocurrency industry.

Ether is on the verge of slipping into a death cross, an ominous momentum indicator, with a mixed record of predicting price trends.

Historically bullish, February turns red for Ethereum as economic uncertainty, Trump's tariffs, and the Bybit hack push ETH below $2,400.

The Bybit hack, which resulted in the loss of $1.4 billion in Ethereum-related tokens, has sparked debate over its root cause.

Bybit swiftly repaid the 40,000 ETH loan from Bitget, ensuring smooth withdrawals after a $1.4 billion hack attributed to the Lazarus Group.

Bybit has transferred nearly $100 million worth of ETH back to Bitget. Bitget loaned 40,000 ETH to Bybit immediately after the $1.4 billion hack.

Amid broader crypto market correction, Ethereum price has tanked by a solid 8% today slipping under $2,500 levels. The world's largest altcoin is on the path to registering its worst February in history, with more than 23% fall already so far this month.

The crypto market tumbled as Trump reaffirmed tariffs on Mexico and Canada, sparking investor anxiety, with Bitcoin slipping below $92,000. The post Bitcoin, Ethereum Tumble With $900M in Crypto Liquidations on Tariff Worries appeared first on Cryptonews.

The crypto markets are witnessing massive sell-offs, which have dragged the major cryptos below their pivotal support levels. Bitcoin dropped below $94,000 initially and later formed the bottom below $92,000 and interestingly, it does not appear to halt the ongoing bearish trend.

The crypto space has plunged over 5% overnight, owing to the recently announced tariff plan and massive liquidations. This resulted in the business losing over $110 billion. With this, the market is now valued at just above the $3 Trillion mark.

Ethereum's retail investors are increasingly betting against the altcoin despite a bullish crossover confirmation.

Ethereums highly anticipated Pectra upgrade launched on the Holesky testnet but failed to finalize as expected. Activated at 21:55 UTC, the upgrade encountered an unexpected issue, leading developers to investigate via the Eth RD Discord channel.

Ethereum saw a sharp decline on Monday, dropping 10.9% to $2,512.20 by 18:00 (23:00 GMT) on the Investing.com Index. This marked its biggest single-day loss since February 24, pushing its market cap down to $311.85 billion, accounting for 10.25% of the total crypto market.

Ripple CTO David Schwartz has weighed in on the ongoing debate about Bitcoin (BTC), Ethereum (ETH), and the XRP Ledger (XRPL), emphasizing XRPLs technical advantages. Responding to an X users comparison of transaction models, Schwartz stated that while Bitcoin dominates due to brand recognition rather than technical superiority, XRPL offers clear benefits over Bitcoin.

Despite the planned launch, the Pectra upgrade on Holesky testnet has encountered problems as the network has not finalized since activation.

Developers say the bug was isolated to execution clients, highlighting Ethereum's testnet role in catching issues before mainnet launch.

While Bitcoin.

Ethereum price started a fresh decline from the $2,850 resistance zone. ETH is down over 10% and is struggling to stay above the $2,500 level.

After the significant Ethereum (ETH) theft from Bybit on February 21, 2025, the exchange has seen a notable recovery in its reserves, surpassing 200,000 ETH by February 23. This rebound marks a positive shift following the sharp decline in reserves immediately after the hack, but uncertainty remains as the market sentiment is mixed.

In an X post published today, crypto market analyst and commentator Ali Martinez highlighted a crucial Ethereum (ETH) price level that must hold to sustain hopes for an altseason. Martinez warned that losing this support could significantly derail any potential altcoin rally.

The cryptocurrency market, rocked by a high-profile hack Friday morning, continued to be in hangover mode as the work week started. On Monday, a vast number of digital coins and tokens continued to lose value, some even at double-digit percentage rates.

With its price hovering just above a crucial support level, XRP is at a turning point. At $2.49, the asset has dropped 4.13% over the past day and broken through the rising trendline that has served as the basis for its bullish structure.

The Ethereum (ETH) price dumped 8% on Monday as the market continued to digest the fallout in wake of the near-$1.5 billion Bybit hack, but despite the downbeat price action, various experts remains highly bullish on Ethereum's long-term outlook. The post Ethereum Price Dumps 8%, But Presents Excellent Risk Reward – Big Bounce Coming? appeared first on Cryptonews.

Ethereum (ETH) has fallen more than 8% in the last 24 hours and over 22% in the past 30 days, reflecting a bearish market sentiment. The price was already in decline before the Bybit hack, which further impacted market sentiment.

The upgrade was pushed out on Monday, but it wasn't entirely clear why the test network was not finalizing.

Crypto prices are falling, as Bitcoin and Ethereum lead $686 million worth of liquidations and Solana and Dogecoin show double-digit losses.

The long-awaited Pectra upgrade on the Ethereum network is now live on the Holesky testnet. The upgrade, designed to enhance the scalability of the protocol, comes with a number of minor issues amid the testnet launch.

Ethereum (ETH) price is yet to clear the bearish aftermath of the exploit on the Bybit Exchange from last week. A coin that had the prospect of crossing the $4,000 range earlier this month is now battling major support zones as the selloff continues.

Sony, Coinbase, Kraken and Sam Altman's World are all building on Optimism's OP Stack.

One altcoin trader says Ethereum's long-term chart looks “insanely bullish” with a very favorable risk-reward ratio.

Crypto markets are under pressure on monday as Bitcoin struggles to reclaim $96,000. Sentiment remains weak amid recent hacks and ETF outflows.

Ethereum's price has been showing significant growth recently, even as market sentiment remains uncertain. While the broader cryptocurrency market remains volatile, Ethereum has managed to stand out, maintaining a strong foothold above $2,700.

Bybit's Ethereum Reserves rebound past 200K ETH post-hack, signaling recovery. Netflow stabilizes, but market sentiment remains mixed.

Ether price is down nearly 6% even though Bybit has been buying in bulk. Cointelegraph explains why.

Derivatives traders brace for further ether downside in the wake of the Bybit hack, which resulted in $1.5 billion worth of ETH being stolen.

Crypto's largest hack ever could paint a silver lining for Ethereum's price as Bybit inches toward recovery, Bitfinex analysts wrote.

The world of crypto is an arena where every major incident reshapes market dynamics. Indeed, the colossal hack of $1.4 billion suffered by Bybit, one of the largest centralized exchanges, raises an important question: Can Ether still surpass $3,000 despite this shock?

This is a segment from the 0xResearch newsletter. To read full editions, subscribe.

Ethereum's price experienced a negative reaction to the hack. At the time of writing, ETH was trading at $2,705, reflecting a 3.49% decline on the day.

Bitcoin price is at risk of falling from its current trading range and exploring new lows under $90,000. Can bulls turn the tide?

On Friday, Bybit was allegedly hacked by the infamous state-backed hacker organization Lazarus Group, which looted roughly $1.5 billion in ether (ETH) from the major cryptocurrency exchange. The hack was the largest in crypto history and represented over 60% of all crypto funds pilfered in 2024.

Bitcoin and Ethereum weathered Bybit's $1.5B hack but face volatility ahead of Nvidia earnings and the PCE report. Key technical levels could determine the next major move.

The digital currency market has witnessed fear, uncertainty and doubt (FUD). This was followed the Bybit hack, which caused volatility in the cryptocurrency space.

This is a segment from the Empire newsletter. To read full editions, subscribe.

During the week of Feb. 17 to 21, bitcoin ETFs experienced a net outflow of $559 million, marking the second consecutive week of declines. In contrast, ether ETFs saw a modest net inflow of $1.6 million during the same period. Another Week of Significant Outflows for Bitcoin ETFs U.S.

A new week has started with the market's fall, according to CoinMarketCap.