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Cryptocurrency markets are trading higher on Monday despite record volatility seeing Bitcoin swing $10,000 per coin in nominal value over 24 hours. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $102,020.83 +4% Ethereum (CRYPTO: ETH) $2,737.78 -7.5% Solana (CRYPTO: SOL) $212.78 +4.3% XRP (CRYPTO: XRP) $2.68 -0.03% Dogecoin (CRYPTO: DOGE) $0.279 +1.2% Shiba Inu (CRYPTO: SHIB) $0.00001615 +1.7% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 26.6% and daily active addresses down by 0.4%.
The crypto market just pulled off a dramatic reversal, with Bitcoin rebounding from $91,252 to $101,549 as of writing in hours. Every time BTC dips to this level, buyers aggressively defend it, making it a strong demand zone.
Ethereum (CRYPTO: ETH) has seen a 10% drop in price over the past seven days, even as large investors remain active in the market. What Happened: World Liberty Financial, the Trump-related DeFi project, now holds 70,000 ETH, worth $224 million, at a current loss of around $36.7 million.
World Liberty Financial moved a huge amount of funds, including Ethereum and Wrapped Bitcoin, but the Trump-linked project said it's just managing assets.
World Liberty Fi, the DeFi fund linked to the Trump family, started moving all ETH and tokens to Coinbase Prime. The fund stated it is not selling, but reallocating assets.
Solana (SOL) faced a brutal selloff yesterday, mirroring the broader market collapse triggered by escalating U.S. trade war fears. The price plummeted over 19% in less than 24 hours, wiping out weeks of gains and sending shockwaves through the crypto market.
The crypto market is going through a period of instability, and Solana (SOL) is on the front lines. Since February 1st, the drop of Bitcoin below $100,000 has caused a shockwave across altcoins.
Bitcoin and select altcoins bounced back sharply, indicating solid purchasing demand at lower levels.
Solana's market cap is close to hitting $12 billion.
Trump and Sheinbaum agreed to immediately pause the tariffs for one month, during which there will be further negotiations.
The cryptocurrency market has experienced significant price fluctuations, leading to billions of dollars in liquidations. Amid this, whales appear to be focusing on Ethereum (ETH), the world's second-largest cryptocurrency by market cap. Whale Eyes on Ethereum In the past 24 hours, the crypto market has seen millions of dollars worth of ETH accumulation.
The violent crypto dip in the early Monday morning hours has done little to rattle optimism in the industry, which remains focused on the long-term potential of the technology rather than short-term price fluctuations. What Happened: Speaking with Benzinga at the Digital Asset Summit in London, several speakers and attendees appeared relatively unfazed by what had unfolded earlier in the day.
Ether, the second-largest cryptocurrency by market value, witnessed a significant spike in volatility Monday as the renewed trade war between the U.S. and its trading partners triggered broad-based risk aversion in financial markets. CoinDesk's Christine Lee reports in "Chart of the Day.
Meme coin traders have still found opportunities to flip a profit on these Solana meme coins amid major market turmoil—even while the vibes are way down.
The cryptocurrency market has displayed a strong bearish action overnight. Reportedly, the crypto space has lost over 8% in valuation in 24 hours. Moreover, the Bitcoin price plunged below $95,000, whereas Ethereum and Ripple tokens broke their important support trendlines.
Solana (SOL) drops to $200 as traders shift focus from BONK to emerging altcoin DTX, now trading at $0.16. Discover the potential of DTX tokens on the DTX Exchange.
Ethereum whale “7 Siblings” purchased another $14.5 million ETH. In the last 24 hours, the whale bought a total $126 million worth of Ether.
Ethereum faced a brutal capitulation event on Sunday, plummeting over 30% in less than 24 hours as market-wide panic took hold. The dramatic sell-off was fueled by growing fears of a U.S. trade war, sending shockwaves across the crypto space and causing Bitcoin and major altcoins to drop significantly.
Coinbase has filed the documentation to list futures on Solana (SOL) and Hedera (HBAR), marking a significant step in expanding its offering of derivative products. According to the documents submitted to the Commodity Futures Trading Commission (CFTC), the exchange's derivatives division plans to launch these contracts as early as February 18.
The Solana network has gradually outperformed Ethereum in DeFi activity, whereby over $1 billion has been bridged from Ether to SOL in the past month.
Ethereum dropped to $2,159.28, currently trading at $2,574.83, down 16.93% in 24 hours. Market cap stands at $310.15B, while trading volume surged 252% to $83.61B.
Bitcoin, Ethereum, and the broader crypto market have experienced massive price crashes, dropping to levels not seen in a while. This development is due to macroeconomic factors which have sparked a wave of sell-offs among crypto traders.
The ETH/BTC ratio has hit a critical point, with 77% of trading days unprofitable. Market trends and technical signals suggest further downside risk.
Ethereum (ETH) has hit a crucial point, testing its multi-year support levels after a significant price decline. This drop, largely triggered by macroeconomic factors and a broader market downturn, has left Ethereum struggling to maintain momentum.
Solana & XRP ETF excitement is growing, but another undervalued ERC-20 token could outshine them all. Discover why investors are spotlighting this promising token.
Ethereum price crashed to a key support level on Monday, increasing the risk of further downside after invalidating a crucial bullish chart pattern. Ethereum (ETH) dropped to a low of $2,146, its lowest level since August last year.
The recent fluctuations in the cryptocurrency market have seen Ethereum (ETH) experience a significant price drop, an event that may have been amplified by the strategic movements of the so-called “whale”. These large investors, through massive transactions, can influence market dynamics and contribute to more marked price variations.
As risk-off sentiment takes hold, the cryptocurrency market has suffered one of its largest liquidation events in history, erasing over $2.24 billion in just 24 hours.
The cryptocurrency market is experiencing a strong downtrend following a market-wide correction, leading to significant liquidations. However, investors see opportunities to acquire affordable assets before the anticipated altcoin season in February 2025.
The crypto market is facing selling pressure, impacting major assets, including Solana. A sell-off on the cryptocurrency markets at the start of the week has resulted in the majority of digital assets seeing their worst two-day fall in over three years.
Ethereum saw $609 million in long and short positions liquidated, as it plunged to lows of $2,135 amid volatility metrics last seen in 2021.
In recent months, the Solana blockchain ecosystem has experienced a significant surge in the market cap of stablecoins.
After a huge crash, inspired by Trump's massive tariffs on Canada, Mexico, and China, the crypto market may have bottomed. Is now a good time to buy the leading layer 1s in $ETH, $SOL, and $SUI?
A dormant Ethereum whale sold 77,736 ETH for $228M before the crash, triggering market panic and pushing ETH to key support levels.
Solana's price has fallen below the critical $200 threshold. This decline mirrors the broader market downturn triggered by Bitcoin's drop below $100,000.
Ethereum (ETH) has seen a sharp drop in its price, falling over 20% in just 24 hours and slipping below the critical $3,000 threshold. This sudden decline has raised concerns among investors, with many questioning whether this bearish trend will persist or if Ethereum will manage to recover.
Standard Chartered‘s Head of Digital Assets Research Geoffrey Kendrick on Monday advised against buying the dip in cryptocurrencies until outright back-end U.S. Treasury yields come lower. What Happened: In a note to Benzinga, Kendrick stated that the current sell-off differs significantly from the previous one.
The cryptocurrency market has been hit hard by a significant downturn, and Solana (SOL) is not immune to the ongoing struggles. Over the past few weeks, Solana's price has dropped more than 30%, with the latest slump pushing the coin to trade at around $196.
Bitcoin is down by about 10% since Friday, hitting a low of $92,000 overnight as Asia trading began with it somewhat recovering to $95k.
The market has started with the dump of most of the coins, according to CoinMarketCap.
TL;DR The crypto market crash, triggered by Trump's 25% tariffs on Canada, Mexico, and China, led to a record $2.29 billion in liquidations, with Ethereum dropping 33% to a low of $2,100.
Ethereum (ETH), the second largest cryptocurrency, has not been cheaper in a pair with Bitcoin (BTC) in almost five years. It dropped close to the levels it was at when Bitcoin (BTC) was trading below $10,000.
The crypto market has been pummeled as Donald Trump's tariffs shock the markets, sending an array of assets spiraling. Bitcoin (BTC) is down nearly 7% over the past 24 hours after struggling to stay above $100,000.
Contrasting ETF fortunes, bitcoin ETFs experienced a weekly inflow of $560 million, while ether ETFs saw outflows of $45 million. Growing Investor Preference for Bitcoin ETFs Reflected in Reduced Capital Inflows for Ether ETFs Bitcoin and ether exchange-traded funds (ETFs) experienced mixed fortunes in the last trading week of Jan. 2025.
Amid the broader market downturn, user activity on the Layer-1 (L1) network Ethereum has plummeted to its year-to-date low. This comes as the value of Ethereum's native token, ETH, sinks below the $3,000 mark for the first time since November.
Over the weekend, the crypto market has seen a massive bloodbath probably the biggest crash ever, with $2.24 billion wiped out in just 24 hours. Ethereum took the hardest hit, falling below $3,000 and causing over $600 million in liquidations.