Ethereum (ETH) is facing a crucial moment in its price journey, with its current value hovering near a key support level of $2,345. As the second-largest cryptocurrency by market capitalization, Ethereum's price movements are closely watched by investors, analysts, and traders alike.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) The market turned bearish and Ethereum has lost its support at $2,400, falling by 21% in the past seven days.
Bitcoin price continues to drop to its lowest point in months as a result of Trump's recent tariffs announcement.
The crypto market crash has burnt the pockets of investors and traders by a significant extent. This has resulted in the market cap sinking by 6.15% to $2.64 trillion. The fall was mainly catalyzed by Donald Trump's proposed tariffs and the global trade war.
A hacker responsible for the $1.4 billion Bybit heist has laundered over 50% of the stolen Ethereum in just five days, pushing THORChain's transaction volumes to record highs. According to blockchain analytics firm Spot On Chain, the attacker moved 266,309 Ethereum (ETH), worth approximately $614 million, at an average rate of 48,420 ETH per day.
Today, approximately $5.79 billion worth of Bitcoin (BTC) and Ethereum (ETH) options are due to expire.
Ethereum has been experiencing significant downward pressure, as the ongoing bear market intensifies. The cryptocurrency has seen a substantial drop over the past few days, and it now finds itself testing crucial support levels that could determine its next major price movement.
ETH market shows signs of recovery as whales accumulate, net inflows rise, and volatility stabilizes, suggesting a potential bottom.
The Ethereum market value experienced considerable downward pressure by pushing the cryptocurrency toward the important $2,200 support point. The sustained price reduction of Ethereum continues to concern market participants about potential deeper losses or chances to recover previous value.
Jamie Dimon, the CEO of banking heavyweight JPMorgan, has acknowledged the importance of smart contracts-based cryptocurrencies, in stark contrast to his views on Bitcoin (CRYPTO: BTC). What happened: During a CNBC interview in January 2023, the CEO of the world's most valuable banking company stated that cryptocurrencies with embedded smart contracts possess value.
The hacker behind the $1.4 billion Bybit exploit has already laundered more than 50% of the stolen Ethereum, primarily using THORChain to swap ETH for Bitcoin. According to blockchain analytics firm Spot On Chain's Feb.
Crypto prices today (February 28) continue to face severe heat, as indicated by Bitcoin (BTC) price briefly touching a $79K low in the past 24 hours. Simultaneously, Ethereum (ETH) price tanked below the $2,200 level during early Asian hours on Wednesday.
Ethereum price started a fresh decline from the $2,350 resistance zone. ETH is now consolidating losses and might extend losses toward the $2,000 support.
Bitcoin is on the retreat as investors look elsewhere to park their funds amid concerns over higher inflation under a Trump presidency.
MetaMask head of security, Taylor Monahan, said Lazarus has moved at least 209,384 ETH, over half the ETH stolen from Bybit, into BTC.
Ethereum (ETH) has experienced significant volatility recently, driven by various factors, including macroeconomic pressures and changing market sentiment. At press time, ETH is trading at $2,347, a low not seen since November 2024, as it faces increased outflows from spot ETFs and a bearish market sentiment.
The Ethereum Foundation has announced $2 million in grants for Ethereum-related academic research, with proposals due by March 16, 2025. Ethereum Foundation Launches Third Annual Academic Grants Round The Ethereum Foundation is offering $2 million in grants to support academic research related to Ethereum, with applications accepted until 23:59 AoE on March 16, 2025.
The crypto industry has cozied up to the Republican Party during the most recent election cycle but donated heavily to both parties.
Ethereum is at a critical juncture as its price hovers near a crucial support level. If ETH drops below $2,345, millions of investors could see their holdings turn unprofitable.
Ethereum price movement has gained attention as large investors accumulated 110,000 ETH within the past 72 hours. This accumulation comes at a time when the cryptocurrency market has been experiencing fluctuations, with ETH recently facing a sharp decline.
Cryptocurrency markets are struggling on Thursday as the market-wide downturn continues. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $83,057.97 -0.2% Ethereum (CRYPTO: ETH) $2,268.27 -1.2% Solana (CRYPTO: SOL) $134.86 +2.7% XRP (CRYPTO: XRP) $2.15 -1.3% Dogecoin (CRYPTO: DOGE) $0.2030 +2.3% Shiba Inu (CRYPTO: SHIB) $0.00001430 +2.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 6.6% and daily active addresses falling by 0.7%.
Ethereum (ETH) price has faced a sharp decline, dropping over 15% this week. The coin fell below $2,500 after reports of a major Bybit security breach surfaced.
Ethereum (ETH) has been facing significant market turbulence following a wave of sell-offs by large holders, or “whales.” In just the past week, these whales have offloaded over 440,000 ETH, causing a noticeable dip in Ethereum's price.
Ethereum price has yet to recover from its 20% correction, but investors' choice to pivot away from memecoins and Solana could be ETH's saving grace.
Bitcoin, Ethereum, and other top cryptocurrencies are holding onto their recent losses, while Aptos surged following an ETF filing.
Litecoin (CRYPTO: LTC) has gained 12% over the past month, significantly outperforming Bitcoin, Ethereum and XRP, all of which are down. Traders are now eyeing further upside, especially with the ETF narrative gaining traction.
The Bitcoin price plunged close to $82,000 while recovering to above $86,000, but Ethereum continues to print massive bearish candles. The start of the week was extremely bearish for the second-largest token as it flipped the growth trajectory of the price from bullish to bearish.
After the Holesky testnet failed to finalize on Monday, Ethereum devs are still pushing forward with the next Pectra dress rehearsal, Sepolia, on March 5.
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Sui has declined to $2.85 today, but its fundamentals and underlying growth suggest that a strong recovery should be coming soon. The post Sui Sees $2.5 Billion Volume Surge After Price Crash – Next Ethereum or Solana? appeared first on Cryptonews.
Consensys, the firm behind Ethereum software like MetaMask and the Linea network, says the SEC intends to end its case against the company.
BlackRock has deposited 5,100 Bitcoin worth $441.88M and 30,280 $ETH worth $71.85M in a series of transactions into Coinbase Prime. The transactions have sparked liquidation concerns among investors and crypto traders.
Analysts anticipate a possible spike to $6,800 if positive momentum continues as Ethereum lingers close to the crucial $2,500 support barrier. Significant rallies among Ethereum-based tokens, such as the meme coin Pepe (PEPE) and the presale star Mutuum Finance (MUTM), might be triggered by this situation.
Mask Network's founder Suji Yan lost $4M worth of crypto assets from a mobile wallet. The hack came just days after he warned of potential DPRK hacker attacks against top crypto DAO and multisig vaults.
Despite increased selling pressure, Ethereum traders anticipate a bullish swing as per the derivatives data. However, the ETH price trend warns of a potential breakdown. Will this lead to another massive liquidation spree?
The perpetrators of the largest crypto heist in history have reportedly moved a large portion of the stolen funds without significant risks.
The DFINITY Foundation, a major contributor to the Internet Computer (ICP), has launched Version 1.0 of the OISY Wallet, integrated with four major blockchains and managed by a DAO. The post DFINITY Foundation Launches OISY: ‘First Fully-Decentralized Wallet' for Bitcoin, Ethereum, Solana, and ICP appeared first on Cryptonews.
The crypto market soared in 2024 but Ethereum (ETH -4.57%) lost some steam in the second half. Looking back from February 25, the smart contract platform is down 27% since the middle of last summer.
Even though the market remains bearish, the prices of some coins have returned to the green zone, according to CoinStats.
Donald Trump's trade war tariffs have triggered significant volatility in crypto markets this week, leading to a decline in Ethereum's value. At press time, the leading altcoin is trading at $2,347, a low last recorded in November.
Litecoin is slowly becoming more popular among market participants ever since it displayed disparity with the other top cryptos. The price has been trying hard to break above the resistance that has been held for over a couple of years.
Ethereum faces significant selling pressure, but key support levels and network activity suggest potential recovery.
The crypto market suffered a further decline in early trading, with the market cap declining by nearly 3% and settling at $2.84 trillion. Bitcoin (BTC) and other cryptocurrencies registered substantial declines, with fears of a further decline driving investors to safe-haven assets.
Ethereum has recently experienced a significant downturn, prompting major holders of the cryptocurrency to sell off large quantities of their holdings.
The crypto market has seen a bloodbath throughout February, with Bitcoin plunging to its 2021 low and trading at $86K while the second largest altcoin Ethereum is also facing intense turbulence. ETH dropped below $2,500 after a massive $1.5 billion hack on Bybit, allegedly led by North Korea's Lazarus group, triggering a 25% price crash.
After the failure of the first test, the date for the second has been decided.
Ethereum (ETH) has faced its most intense selling pressure in 18 months, plunging to $2,428 after a 2.53% daily decline. The surge in trading volume signals potential further downside, echoing a similar market correction in August 2025.