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news-imageFebruary 7, 2025

Here's why Ethereum, Dogecoin, XRP, Solana dropped this week

Bitcoin and most altcoins pulled back this week, while the crypto fear and greed index slipped into the fear zone. Ethereum (ETH) dropped to a low of $2,100, down by over 47% from its highest level this year.
Publisher: Crypto news
Sentiment: Negative
DOGE
ETH

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Positive
cover-imageThe Currency Analytics
February 7, 2025

Whales Accumulate 750 Million Dogecoin Amid Dip, 300% Rally Ahead

Whales have been scooping up Dogecoin (DOGE) after the cryptocurrency's recent price slump, leading many to speculate whether a 300% surge is on the horizon. According to market analyst Ali Martinez, a significant number of whales took advantage of a dip, purchasing 750 million DOGE tokens as the price dropped below key psychological levels.

Negative
cover-imageBenzinga
February 7, 2025

Bitcoin, Ethereum, XRP, Dogecoin Bleed Lower As Trump Tariff Threat Looms

Crypto markets are grinding lower on Friday, with Bitcoin reversing gains on renewed tariff fears after briefly having touched $100,000. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,769.28 -0.8% Ethereum (CRYPTO: ETH) $2,650.07 -1.7% Solana (CRYPTO: SOL) $195.91 -2.4% XRP (CRYPTO: XRP) $2.43 -5.5% Dogecoin (CRYPTO: DOGE) $0.2502 -2.4% Shiba Inu (CRYPTO: SHIB) $0.0000153 -2.5% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 12.2% and daily active addresses falling by 0.3%.

Neutral
cover-imageCryptonews
February 7, 2025

Ethereum Price Stagnation Conditions, When Is a Pump Coming?

The Ethereum (ETH) price continues to stagnate close to $2,700 remaining locked well within its price range of the last three days, with traders continuing to bemoan the crypto's lackluster price action this bull cycle. The post Ethereum Price Stagnation Conditions, When Is a Pump Coming? appeared first on Cryptonews.

Positive
cover-imageBenzinga
February 7, 2025

Dogecoin Eyes $2 While Shiba Inu Burn Rate Surges 1,151%—Is a Rally Coming?

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) continue to trade sideways, but traders maintain that more upside is still to come for the underperforming meme coins. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2538 $37.6 billion +2.9% -22.2% Shiba Inu (CRYPTO: SHIB) $0.0000154 $9.07 billion +2.6% -18% Pepe (CRYPTO: PEPE) $0.059434 $3.9 billion +1.2% -31.8% Trader Notes: Trader Tardigrade highlighted that Dogecoin's past rebounds followed over 50% corrections, with the latest dip at -58.25% mirroring previous breakout patterns.

Negative
cover-imageThe Currency Analytics
February 7, 2025

XRP Price Faces Downward Pressure: What's Ahead for Ripple

XRP, the native cryptocurrency of Ripple, is currently facing significant downward pressure, continuing its bearish trend that has characterized the market over the past week. Despite XRP's strong performance in the past, recent market conditions have raised concerns about its immediate future.

Positive
cover-imageCoingape
February 7, 2025

Ethereum Price To Pump 3X in 2025: Is $7K the Next Target?

As the crypto market is regaining momentum following the recent turmoil, leading altcoins such as Ethereum are exhibiting significant signs of growth and renewed potential. Driven by historical data, analysts and experts remain optimistic that 2025 Q1 will be bullish for the Ethereum price.

Negative
cover-imageBenzinga
February 7, 2025

Has Fartcoin Run Out Of Steam? 50% Downturn Signals Dogecoin, Shiba Inu Have Little To Fear

Fartcoin (CRYPTO: FARTCOIN) is bouncing back from a severe downturn but remains over 50% down over the past seven days. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Fartcoin (CRYPTO: FARTCOIN) $0.4765 $476.3 million -0.08% -54.1% Ai16z (CRYPTO: AI16Z) $0.342 $372.2 million +18.7% -49.8% Brett (Based) (CRYPTO: BRETT) $0.04569 $452.8 million +3.2% -48.3% Trader Notes: Cold Blooded Shiller pointed out that Fartcoin has reached a critical level in its target zone, meaning it could either see a major bounce or face full-blown capitulation.

Positive
cover-imageCointribune
February 7, 2025

This Event Could Soon Propel XRP To $27!

Crypto market analysts anticipate a significant increase in the price of XRP, the native cryptocurrency of Ripple, due to several ETF (exchange-traded funds) applications currently under review. These initiatives could transform the investment landscape in XRP and attract a substantial influx of institutional capital that could propel XRP up to 1500%!

Positive
cover-imageBitcoin
February 7, 2025

Vaneck Forecasts Solana to Hit $520 by End of 2025 Despite Recent Slump

Asset manager Vaneck projects solana (SOL) will reach $520 by the end of 2025, driven by its growing dominance in the smart contract platform market, despite the cryptocurrency's recent 15.8% seven-day decline. Vaneck Analysts—Solana Price Could Soar Over 160% by 2025 as M2 Growth Fuels Crypto Rally Solana (SOL) traded at $198.

Positive
cover-imageBitcoinist
February 7, 2025

BlackRock ทุ่ม 280 ล้านดอลลาร์กว้านซื้อ Ethereum

Ethereum กำลังได้รับความสนใจอย่างมากจากนักลงทุนสถาบันโดยเฉพาะอย่างยิ่ง BlackRock ซึ่งเป็นการลงทุนที่ส่งผลกระทบต่อตลาด Altcoins อย่างมีนัยสำคัญ วาฬแห่ซื้อ Ethereum สัญญาณแห่งความเชื่อมั่นจากสถาบัน Crypto Daily รายงานว่า BlackRock, Inc.

Positive
cover-imageCoingape
February 7, 2025

Is XRP ETF About To Impact XRP Price Badly?

The potential approval of an XRP ETF is looking more likely, which is bullish for the XRP price. Although XR hasn't reacted positively to the recent ETF news, this fund could contribute to the projected rallies for the crypto.

Positive
cover-imageCryptonews
February 7, 2025

SEC Acknowledges Amendment for Grayscale Spot Solana ETF Application

The SEC officially acknowledges Grayscale's Solana ETF proposal, opening it for public feedback. This marks the first time a Solana ETF filing has been recognized, signaling a possible shift in regulatory stance. With analysts assessing its impact, the ETF's approval process could shape the future of Solana investments. The post SEC Acknowledges Amendment for Grayscale Spot Solana ETF Application appeared first on Cryptonews.

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