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news-imageDecember 27, 2024

Ethereum Price Decline and Potential for Recovery

Ethereum is currently experiencing a downturn, with a 4% drop in its price, falling to $3,354.5. This decline comes as the broader cryptocurrency market also faces struggles, with the total market capitalization recently reaching $3.32 trillion but still reflecting a 3.19% decrease from the previous day.
Publisher: The Currency Analytics
Sentiment: Negative
ETH

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Neutral
cover-imageCrypto Economy
December 27, 2024

Historic $18B Bitcoin and Ethereum Options Expiry: Market Volatility Imminent?

TL;DR A record-breaking $18 billion worth of Bitcoin and Ethereum options contracts are set to expire today, sparking anticipation of sharp market moves and potential volatility. The volume of expiring contracts includes 88,537 Bitcoin contracts and 796,021 Ethereum contracts, with Bitcoin's put-to-call ratio at 0.69 and Ethereum's ratio at 0.41, indicating positive sentiment.

Positive
cover-imageBenzinga
December 27, 2024

Bitcoin, Ethereum ETFs Break 4-Day Outflow Streak, Net $592 Inflows On Thursday

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: BTC) spot exchange-traded funds (ETFs) experienced a surge of inflows on Dec. 26, marking a reversal from four consecutive days of net outflows. What Happened: Bitcoin spot ETFs collectively saw a net inflow of $475 million, with Fidelity's (CBOE: FBTC) leading the charge, securing $254 million, according to data.

Neutral
cover-imageBitcoinist
December 27, 2024

Bitcoin ETFs See $226 Million Outflows While Ethereum Gains $130 Million – Signs Of Coming Altseason?

On December 23, US spot Bitcoin (BTC) exchange-traded funds (ETFs) experienced significant outflows totalling $226 million, while Ethereum ETFs saw inflows of $130 million. The stark contrast in net flows between these two ETFs has sparked discussions among crypto analysts about whether an altcoin season might be on the horizon.

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