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.

On-chain analyst EmberCN revealed that the Bybit exchange hacker has laundered 89,500 ETH in the past two and a half days. According to the firm, the hacker has laundered nearly $224 million, which was 18% of the total Ethereum he stole (499,000ETH).

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.

Solana has plunged 45% against Bitcoin, marking one of the most significant market shifts of 2025. While SOL has suffered heavy losses, Bitcoins rising dominance signals a liquidity outflow from altcoins.

Solana-based token issuance platform Pump.Fun appears to be developing its own automated market maker (AMM), according to a newly discovered URL, though no official announcement has been made. An AMM enables decentralized trading by using liquidity pools instead of traditional order books.

Solanas (SOL) options market is heating up on Deribit, with whales making significant bearish bets as SOLs price continues to slide ahead of a major token unlock. Last week, block trades on Deribit totaled $32.39 millionnearly 25% of the $130.74 million options activitymarking the second-highest block trade ratio on record, according to Amberdata.

Traders said the current bearish sentiment could be overblown and macroeconomic decisions were key to support market growth.

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.

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.

Cryptocurrency prices dived on Tuesday morning, with Bitcoin crashing below the key support level at $92,000 for the first time in almost two weeks. Other altcoins like Cardano (ADA), Solana (SOL), and Tron (TRX) also crashed.

In a Friday meeting with the SEC's crypto task force, industry leaders asked the regulator to fast-track all sorts of assets for ETF approval.

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.

Solana (SOL) has been garnering significant attention within the cryptocurrency ecosystem due to its impressive scalability and decentralized platform, often dubbed as the “Ethereum Killer.” As of today, Solana is trading at around $152.46, significantly lower than its all-time high of $294.33, which was reached in January 2025.

Solana prices have declined recently, falling to their lowest point of 2025 on Monday, February 24 as numerous bearish variables fueled losses.

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.

While Solana price spirals downward, whales are moving sizable amounts of SOL, sparking fears of a selloff. On the flip side, analysts say the move could be a trigger for an accumulation spree amid prolonged bearish sentiments.

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.

Despite leading the Bitcoin and Ethereum ETF markets, BlackRock has yet to file for a spot Solana exchange-traded fund.

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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.

In a technical chart shared today, crypto analyst Koroush Khaneghah, Founder of Zero Complexity Trading, underscores Solana's ongoing downtrend, highlighting pivotal support and resistance levels on the SOL/USDT Perpetual (Binance) daily timeframe. According to the chart, Solana has lost several key zones and is currently hovering near the $157 area—what Khaneghah labels as the “last major support level.

Solana (SOL) has been facing mounting pressure in recent weeks, as its on-chain activity continues to decline, signaling potential trouble ahead for its price. The network's daily active addresses have fallen to a three-month low, reaching 3.5 million.

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.

Hedera (CRYPTO: HBAR) has seen a 35% decline this past month, but the approval process for a spot HBAR ETF has triggered renewed interest among traders. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Hedera (CRYPTO: HBAR) $0.2139 $8.96 billion +1.8% +1.3% XRP (CRYPTO: XRP) $2.44 $141.4 billion -4.3% -7.4% Cardano (CRYPTO: ADA) $0.7253 $25.5 billion -5.2% -8.6% Trader Notes: Crypto trader Javon Marks sees HBAR's first breakout target at $0.504, a 128% increase from current levels.

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.

Solana, the sixth-largest cryptocurrency, has fallen even as multiple asset managers have applied for ETFs based on its spot price.

The SOL price has dropped below $160 for the first time since November 2024 as it remains stuck within a steep bearish channel. Solana has been struggling lately due to increasing selling pressure and a drop in network activity. Several on-chain metrics have declined, along with DEX activity for the 5th consecutive week.

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?

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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.