Ethereum's price action has been relatively stable recently, showing little change in the past 24 hours despite a surge of bearish sentiment across the crypto market. The news of the U.S. government receiving approval to liquidate 69,000 BTC from the Silk Road seizure has caused significant turbulence.

A double-bottom reversal of a bullish chart pattern that might result in a significant price rebound is what Shiba Inu is indicating is possible. SHIB's price is testing important levels close to the 200 EMA, a crucial long-term support at its current price of $0.00002164, which supports the idea of a potential recovery.

As the price of Bitcoin (BTC) continues to fluctuate below the $100,000 price mark, altcoins like Ethereum (ETH), Dogecoin (DOGE), Cardano (ADA), and XRP are also in the spotlight. According to data insight from Santiment, the number of HODLers for these altcoins has fluctuated thus far this new year.

Volatility continues to reign over the general crypto market, causing major digital assets like Ethereum to retest key support levels that previously prompted an upward move. With ETH experiencing notable bearish pressure, its price performance shows that the altcoin is on the verge of entering a crucial zone.

Ethereum price are approaching a key level at $2.8K following a 20% correction over the last week.

IntoTheBlock, a crypto analytics platform, reported that over $1.4B worth of Ether had recently exited crypto exchanges. Ethereum witnessed a huge surge in on-chain activity in the past week, with the outflow from crypto exchanges suggesting an accumulation trend.

Cryptocurrency markets are trading higher on Friday after experiencing significant volatility throughout the day. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,777 +3.3% Ethereum (CRYPTO: ETH) $3,266 +2.5% Solana (CRYPTO: SOL) $188.06 +2.3% XRP (CRYPTO: XRP) $2.36 +3.4% Dogecoin (CRYPTO: DOGE) $0.3323 +4.7% Shiba Inu (CRYPTO: SHIB) $0.00002151 +2.8% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 6.2% and daily active addresses falling by 0.02%.

A recent Syncracy thesis on Solana revealed that the blockchain had surpassed Ethereum across several metrics in the past few months. The thesis-driven hedge fund calculated Solana's performance as a percentage of Ethereum's.

Bitcoin's bounce above $94,000 suggests that the bulls remain buyers on dips, increasing the possibility of a retest of $100,000.

U.S. Dollar Tether (USDT), the largest stablecoin, sees its Tron-based version outpacing Ethereum's. Transaction count data says that TRC-20 USDT might be up to 10x as popular as its ERC-20 rival.

Ethereum's price has experienced a sharp decline following increased selling activity, reaching the decisive 100-day moving average at $3.1K. This level represents a crucial support zone and a potential inflection point for the cryptocurrency's next move.

The altcoin market remains stagnant as capital flows fell across the board.

Ethereum's All Core Developers Consensus Call #148 focused on Pectra testing updates, validator hardware requirements, and the Gloas upgrade name.

The net outflow from exchanges rose to the highest level since November 2024, adding to other key metrics signaling Ethereum price upside.

Bitcoin (BTC) dipped to its lowest level since November as its post-election rally lost steam. BTC fell to an intraday low of $91,314 before recovering to its current level of $93,311.

Leading altcoin Ethereum (ETH) is facing increased selling pressure as financial giant Fidelity transferred over $200 million worth of the cryptocurrency to Coinbase within 48 hours.

After hitting a high of $100,000 earlier this week, Bitcoin has retraced to around $92,000. The crypto market is feeling pressure as Bitcoin price tumbled alongside stock markets since the beginning of 2025.

TRON outperforming ETH on two fronts alludes to the potential for its price action to surge.

This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum tried to move above $3,600 this week but was quickly stopped by sellers who came in force to push the asset back to the key support at $3,200.

Evan Cheng, a tech expert, CEO of Mysten Labs, slammed the Ethereum Virtual Machine (EVM) as a “fundamentally broken” design. Cheng suggested the only fix to the EVM's “design tech debt” would be “shooting it in the head and start over.

Ethereum (ETH) has seen an over 10% correction from the New Year highs amid the market retrace, recently falling below the $3,300 support. Despite the ongoing pullback, some analysts remain optimistic about ETH's Q1 performance, suggesting new highs are around the corner.

The confidence of HODLers in crypto remains the key driving force. Here's how the Bitcoin, Ethereum, and XRP price trend will shape in 2025 based on the change in non-empty wallets.

Projections 2025: Ether at $6,000 and beyond thanks to an expanding market.

Investors increasingly favor Ethereum, with its holder ratio surging past Bitcoin's.

Will ETH prices take a dive or soar to new heights? Find out what's driving the next big move!

Ethereum whales have accumulated 25,000 ETH during the recent market correction, moving coins off exchanges while technical analysis suggests a potential 44% rally to $5,825, contingent on maintaining key support levels.

ETH/BTC ratio remained in a pivotal zone but a strong rebound to the upside for ETH was yet to be triggered.

Ethereum (ETH) has shed nearly 16% of its value this week due to Bitcoin's (BTC) descent from $100K on Tuesday to a retest of $92K in the late New York session on Thursday. Despite this sudden collapse in BTC & other altcoins, whales seem to be taking advantage of this volatility to accumulate 25,000 ETH.

The crypto market has suffered heavy losses in the past seven days, wiping out gains from the last surge in December. With billions liquidated in days, sentiments have dropped to lows at the start of the year.

The crypto market is set to see $2.27 billion in Bitcoin and Ethereum options expire today, a development that could trigger short-term price volatility and impact traders' profitability.

As the US approaches a bank holiday, news breaks of a significant development: the US government has received the green light to liquidate 69,000 Bitcoin seized from the Silk Road. This decision is part of a long-running legal process, and the government now plans to sell off the massive BTC stash.

Cryptocurrency prices today continued their downward slide. The global crypto market cap shrunk by approximately 0.90%, now standing at $3.27 trillion. The total crypto market volume over the last 24 hours is $151.72B, reflecting a 9.94% decrease. The total volume in decentralized finance (DeFi) is currently $10.17B, accounting for 6.

Cryptocurrency prices today indicate a bearish trend for Bitcoin (BTC) and major altcoins like Ethereum (ETH) and XRP. Bitcoin touched a low of $92,000, while ETH slipped by approximately 2.51% and XRP declined by 3%.

Ethereum price failed to clear the $3,400 resistance and extended losses. ETH is struggling and might continue to move down if it stays below $3,400.

The UK Treasury has introduced an amendment to the Financial Services and Markets Act 2000 (FSMA), effective January 31, to exclude crypto staking from being classified as a collective investment scheme.

Ethereum has seen a sharp 14% drop in less than two days, intensifying concerns across the crypto market during a selloff that began earlier this week. The bearish sentiment has left many investors disheartened, with Ethereum struggling to reclaim higher price levels.

DeFi protocol Derive's Head of Research, Dr. Sean Dawson, has provided a bullish prediction for the Ethereum price. He predicted that the second-largest crypto could rally to as high as $12,000 and explained how the Pectra upgrade could contribute to the parabolic rally.

Ethereum price has been on the edge lately with recent Fidelity Digital Assets deposit of $103.55 million worth of ETH into Coinbase speculating sell-off concerns. The transactions, executed through Cumberland, have drawn attention from analysts, with some predicting a new all-time high (ATH) for Ethereum price despite this move.

Bitcoin (BTC) and Ethereum (ETH) are entering a period of usual bullish gains. The question remains whether the two leading assets can extend the positive results of 2024 in Q1 of 2025.

Cryptocurrency markets are trading lower amid looming tensions of reduced expectations of Federal Reserve interest rate cuts and a potential massive BTC sell-off from the U.S. government. Cryptocurrency Price 24-Hour Gains +/- Bitcoin (CRYPTO: BTC) $91,400 -2.7% Ethereum (CRYPTO: ETH) $3,172 -3.2% Solana (CRYPTO: SOL) $182.4 -6.5% XRP (CRYPTO: XRP) $2.28 -1.4% Dogecoin (CRYPTO: DOGE) $0.3181 -6.3% Shiba Inu (CRYPTO: SHIB) $0.00002088 -1% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 7.6% and daily active addresses remaining relatively flat.

Ethereum (ETH) extended its weekly decline on Thursday, slipping back below $3,300 amidst a challenging period for the broader cryptocurrency market. This downturn comes as the market navigates the second week of January 2025, grappling with increased volatility and uncertain sentiment.

Bhutan's Gelephu Mindfulness City experiments with Bitcoin, Ether, and BNB in its reserves.

Ethereum (ETH), the world's second-largest cryptocurrency by market cap, is flashing a sell-off signal, hinting at a notable price decline in the coming days. Over the past three days, sentiment across the cryptocurrency landscape has shifted noticeably toward the bearish side, leading to a substantial price drop.

Binance Exchange is in the spotlight as the trading platform that dominated Bitcoin (BTC) and Ethereum (ETH) outflows in the past year. According to CryptoQuant analyst Crazzyblockk, the trading platform set a new benchmark for exchange activity.

A gaming blockchain built over Ethereum (ETH) is joining forces with a crypto conversion service to streamline how traders purchase non-fungible tokens (NFTs) and digital assets.

Phala Network, known for its secure computing on Polkadot, has launched a new Layer 2 rollup on Ethereum.

Grayscale Investments adjusts its fund portfolios, allocating 90% of its Digital Large Cap Fund to Bitcoin and Ethereum. Quarterly rebalancing impacts DeFi and AI funds, introducing Curve and Livepeer while removing Avalanche and Synthetix. Grayscale ETFs continue to face substantial outflows. The post Grayscale Adjusts Fund Holdings, 90% Allocation for BTC and ETH appeared first on Cryptonews.