Ethereum (ETH), the second-biggest crypto, took off on Thursday after Bitcoin (BTC) smashed the new all time high over Donald Trump's major win. Ether price surged by around 13% in the last 24 hours, keeping the market momentum bullish, as it was expected to be post elections.
Investors say a Trump administration will favor DeFi applications and tokenomics more, given the family's backing of World Liberty Finance - riling up DeFi-focused trades.
The bumper inflow day came despite BlackRock's leading fund, ETHA, showing a net zero flow.
The price of Ethereum (ETH), the flagship altcoin, has surged by more than 10% over the past 24 hours. It is currently trading at $2,840 after giving up some gains, according to CoinGecko data.
Bitcoin prices have notched another new peak in the wake of Donald Trump's presidential victory in the United States.
Ether traders argue the asset is still “too cheap” and is due for a “monster rally” as it neared the $2,900 price level.
Long-term holders of Ethereum (CRYPTO: ETH) began to profit-take on their holdings amid a rapid surge in the cryptocurrency's price. What Happened: Two long-term investors sold a total of 33,701 ETH, worth $89.72 million, on Wednesday, according to on-chain tracking platform Spot On Chain.
Bitcoin marks a new ATH above $76,000, the most expected event after Donald Trump's win in the U.S. presidential elections. Meanwhile, the Ethereum price, which usually follows the top crypto, ascended with less volatility.
Ethereum price started a fresh surge above the $2,650 resistance. ETH is up over 10% and might aim for a move above the $2,850 resistance.
Dog-themed meme coin First Neiro On Ethereum (NEIRO) emerged as the biggest beneficiary of the Donald Trump-induced cryptocurrency market rally Wednesday. What happened: NEIRO, named after the newly adopted Shiba Inu pup of the owner of Kabosu, the inspiration of Dogecoin (CRYPTO: DOGE) and many dog-themed cryptocurrencies, swelled 53% over the last 24 hours.
Amid Bitcoins climb to a new all-time high, an Ethereum whale stunned the market by selling 14,240 ETH at a substantial $12.8 million loss. The whales surprising decision highlights diverging trends in cryptos biggest assets and the volatility of the current market.
Ethereum mirrors Solana's bullish breakout pattern; indicators suggest strong potential upward movement.
Ethereum has surged over 8% following Donald Trump's election victory, igniting fresh optimism among investors. Despite this rally, ETH still trades below a crucial resistance level, keeping the price in check since early August.
Leading cryptocurrencies gave a thumbs up to Donald Trump's presidential victory in anticipation of a friendlier White House. Cryptocurrency Gains +/- Price (Recorded at 7:30 p.m.
Solana's recent action was outstanding: it printed what traders call a god candle — a single enormous 12% spike during the day. These candles are usually unexpected even in a market that is otherwise doing well, and they indicate strong bullish momentum.
The vast majority of Tether's USDT volume exists on the Tron network due to comparatively lower fees and faster transaction finality.
Cryptocurrency markets are trading higher as Donald Trump secured a second term in the presidential election. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $75,833.12 +9.5% Ethereum (CRYPTO: ETH) $2,682.34 +11% Solana (CRYPTO: SOL) $188.34 +14.3% Dogecoin (CRYPTO: DOGE) $0.1952 +15.9% Shiba Inu (CRYPTO: SHIB) $0.00001883 +6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 14.5% and daily active addresses falling by 4.4%.
During Wednesday's trading session, the cryptocurrency market witnessed a surge in buying pressure as Donald Trump secured his victory as the 47th U.S. President. The pioneer cryptocurrency, Bitcoin, surged 8.8% to a new high of $75,400, boosting recovery in the altcoin market.
Tether (USDT) will be moved from several chains in a chain swap event. The biggest transfer will be of 1B USDT from TRON to Ethereum.
The crypto market has seen a notable surge in recent hours, driven by Donald Trump's victory in the 2024 U.S. presidential election.
Michigan's state pension fund recently described a substantial $10 million investment in Ethereum ETFs, marking a first for U.S. state pension funds. This strategic move underscores a growing interest in digital assets among traditional institutions and highlights Ethereum's rising profile in the world of institutional investments.
Crypto markets cheered Donald Trump's win by pushing Bitcoin to a new all-time high above $75,000, signaling the start of the next leg of the uptrend.
Ethereum (ETH) recovered above $2,600 after the latest crypto rally, but may be facing renewed selling pressures. An ancient ICO whale and a large-scale staker may try to liquidate their holdings.
The world of cryptocurrencies has just taken a significant step forward in the digital payments sector: Solana Pay, the payment system initially built on the Solana blockchain, has expanded its support to include Bitcoin (BTC), Ethereum (ETH), and Layer 2 (L2) solutions.
Ethereum (ETH) is showing signs of a major upward trajectory, with some analysts speculating that the cryptocurrency could see a substantial price surge in the near future. The reason for this optimism?
Ethereum analysts are keeping a close look at the altcoin, which is stuck in a long downtrend. Some call for major upward breakout and others keep a cautious stance, warning to expect this downtrend will continue.
Following former president Trump's 2024 election victory, the cryptocurrency market has experienced a surge in optimism and buying interest. Ethereum was no exception, with its price spiking by 10% at one point, reaching the critical resistance level of $2.5K.
Ethereum's price rose to $2,596 with a 6.82% gain. The global crypto market cap surged by 8.11%, reaching $2.47T.
As Bitcoin ($BTC) broke its all-time high, in anticipation of Trump's election victory, some of the major altcoins started to outperform. Ethereum ($ETH), Solana ($SOL), and Sui ($SUI) are among the top movers.
Bitcoin's market dominance increased significantly in October 2024, while Ethereum faced volatility and strategic debates. The performance of Layer 1 platforms and memecoin trading dynamics also highlighted the month's crypto market activities.
Bitcoin recently set a new all-time high (ATH) of $75,337, largely fueled by Donald Trump's win in the U.S. presidential election. This political shift appears to have supported Bitcoin's momentum, while other cryptocurrencies, like Ethereum, have struggled to mirror this success.
Recent figures reveal that the 12 spot bitcoin exchange-traded funds (ETFs) faced outflows totaling $116.9 million, making it a challenging session. Meanwhile, the nine ether ETFs remained in a steady state, showing neither gains nor losses during Tuesday's trading. Mixed Results for Crypto ETFs While bitcoin hit a new all-time high on Nov.
In a surprising move, a major Ethereum (ETH) whale recently sold 14,240 ETH worth nearly $37 million at a significant loss of $12.8 million. This transaction occurred as Bitcoin (BTC) reached a new all-time high (ATH), but Ethereum remains nearly 47% below its own ATH.
Solana's blockchain ecosystem has recently experienced a remarkable surge in liquidity, with more than $600 million bridged into the network in October 2024 alone. What's even more striking is that over 90% of this influx came from Ethereum (ETH), highlighting a growing trend of cross-chain collaboration and the shift toward Solana as a low-cost, high-speed alternative in decentralized finance (DeFi), NFTs, and other blockchain applications.
TL;DR Helio Pay has enhanced its Solana Pay integration on Shopify, now supporting Bitcoin, Ethereum, and various Layer 2 solutions, providing merchants with a broader range of cryptocurrency payment options.
Ethereum's netflows and Bitcoin's ATH hint at growing investor interest. As sentiment builds, will Ethereum follow Bitcoin's lead?
The crypto market has experienced a significant uptrend over the past few hours. With Donald Trump winning the U.S. election 2024, the Bitcoin price has achieved a new ATH above the $75k level. Following this, the Ethereum price has surpassed the $2.6k range.
The popular crypto payment system, which was first built on the Solana blockchain, has just expanded to support Bitcoin, Ethereum, and Layer 2 (L2) solutions. This is a big deal for both merchants and customers.
One of the biggest trends of 2023 among the leading layer-2 projects on Ethereum was the emergence of “blockchain in a box,” where the teams encouraged developers to clone their code to spin up new layer 2s. Now, it appears, one project in particular, Optimism, appears to be pulling away as the clear leader.
Cryptos surge on US Election Day – Discover Key Price Levels, Drivers Behind the Rally, and What's Next for These Top Cryptos.
Bitcoin dominance approached 61% with Solana dominance also primed to touch record high.
Ethereum has found it difficult to keep up with Bitcoin, which has surged to record highs in recent weeks. Ethereum has maintained a descending price channel, indicating a more muted performance, while Bitcoin has garnered attention with its spectacular rally.
On-chain data shows derivatives exchanges have just received large Ethereum deposits, something that could lead to volatility in ETH's price. Ethereum Exchange Netflow Has Seen A Sharp Positive Spike Recently As explained by an analyst in a CryptoQuant Quicktake post, the Exchange Netflow for ETH has registered a large spike recently.
Ethereum has broken above $2,500 after finding support at $2,350, showing positive technical indicators while facing resistance at $2,580 and $2,620 levels.
During the Election Day, "green" dominates the prices of cryptocurrencies led by BTC and ETH.
Ethereum (ETH) stands at a critical turning point, with opinions split on its future performance this cycle. Some analysts argue that ETH will continue to lag, possibly underperforming against other assets like Bitcoin, which has shown strong momentum.