Ethereum dropped below $3,000 for the first time since November before bouncing back to $3,230, with technical analysts drawing parallels to the 2021 bull run pattern.
Ethereum's price is at a critical point, facing strong resistance at $4,000 and holding support at $2,800.
Trump-backed World Liberty Financial reports $4.8M in unrealized losses while conducting major asset reallocations, including a $59.8M ETH transfer to Coinbase, which the project describes as routine treasury management.
Ethereum is currently holding just below a key resistance level of $3300 and a break above this resistance could mean a shift in market sentiment, hinting that the price may have already found a low. This breakout could set the stage for a move higher, but confirmation is needed to validate the bullish scenario.
The cryptocurrency sector rose by 2.29% to $3.36 trillion as markets recovered, driven by a resurgent Bitcoin (BTC) crossed the $97,000 mark, up over 2% in the past 24 hours. BTC briefly dropped below $90,000 earlier in the week, spooking markets and leading to a considerable decline among cryptocurrencies.
Spot Bitcoin exchange-traded funds in the United States recorded their fourth consecutive day of outflows on Jan. 14, while Ethereum ETFs shifted to inflows. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged $209.
After Monday's drop, Ethereum (ETH) fell below key support levels and hit its lowest price since November. Nonetheless, several market watchers remain bullish, predicting a massive rally for the cryptocurrency this quarter.
After consolidating along the resistance for a week, the XRP price broke the range and rose above the resistance at $2.68. Meanwhile, the bears try hard to restrict the levels below the 2024 highs at $2.9 but after a small consolidation, the token is believed to secure fresh highs.
A wallet believed to belong to Donald Trump's family crypto venture World Liberty Financial has been involved in a series of recent transactions according to onchain data from Arkham Intelligence.
In a recent social media post, market expert VirtualBacon shared seven key predictions that could shape the cryptocurrency landscape in 2025. Central to these predictions is the assertion that Ethereum (ETH) may outshine Bitcoin (BTC) in terms of performance, even as Bitcoin continues to hold a dominant position in the market.
Ethereum price started a minor recovery wave above the $3,120 zone. ETH is rising and facing hurdles near the $3,240 zone.
The project said it was 'making routine movements of our crypto holdings as part of regular treasury management.'
With its price falling below the crucial 200 EMA, Shiba Inu has had a wild ride lately. Traders were alerted by this move because it implied a possible move into bearish territory.
The current market action of Ethereum has generated significant interest, especially among its large investors. A whale liquidated 10,070 ETH, resulting in an approximate loss of $1 million.
The $3.4k resistance zone needs to be reclaimed before swing traders can adopt a bullish bias.
SEC Chair Gary Gensler said the agency has "never said" that bitcoin and Ethereum are securities during a Yahoo Finance interview.
Cryptocurrency markets are seeing gains across the board despite ongoing ETF outflows, indicating underlying strength in the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,344.48 +4.7% Ethereum (CRYPTO: ETH) $3,201.80 +6.2% Solana (CRYPTO: SOL) $186.30 +5.2% XRP (CRYPTO: XRP) $2.65 +7.9% Dogecoin (CRYPTO: DOGE) $0.3527 +8.6% Shiba Inu (CRYPTO: SHIB) $0.00002138 +5.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 34.7% and daily active addresses up by 4.5%.
Moderate optimism in Ethereum derivatives data fails to boost short-term investor confidence.
XRP (CRYPTO: XRP) has gained 16% over the past week, fueled by growing confidence in Ripple's legal battle and the anticipated launch of XRP ETFs. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.67 $153.7 billion +9.8% +16.2% Bitcoin (CRYPTO: BTC) $96,573.27 $1.9 trillion +5.4% -0.5% Ethereum (CRYPTO: ETH) $3,217.65 $387.6 billion +7.4% -6.2% Trader Notes: Crypto chart analyst Ali Martinez sees XRP as one of the most bullish setups after a successful retest of the breakout zone.
The crypto market's squeeze continues, with assets recording double-digit exits. Bitcoin (BTC) and Ethereum's (ETH) outflows have shaped other assets, heightening sell pressures in the second week.
The cryptocurrency market has experienced heightened volatility, with several prominent coins such as Stellar (XLM), Solana (SOL), and Ethereum (ETH) showing signs of weakness. These assets have recently faced critical support levels breaking down, raising concerns about their future performance.
Ethereum (ETH) has been trading within a broad consolidation range of $2,800 to $4,000 for nearly 10 months, signaling a phase of market indecision.
The price of Ethereum (ETH) fell to a low of $2,941 but recovered above the $3,000 support. Cryptocurrency price analysis brought by Coinidol.com.
Litecoin saw the largest number of transactions, followed by Bitcoin and Ether.
Leading altcoin Ethereum (ETH) has traded below $3,500 for seven days, mirroring a broader bearish sentiment across the cryptocurrency market. Since it recorded an intraday high of $3,744 on January 6, the coin's value has plummeted by 13%.
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Astar Network partners with Sony Block Solutions Labs to integrate with Soneium Mainnet, enhancing interoperability and scalability within the Ethereum ecosystem.
Banking giant JPMorgan forecasts significant investments in Solana (CRYPTO: SOL) and XRP (CRYPTO: XRP) exchange-traded funds (ETFs) if they receive approval. The report, shared on Jan. 13, suggests these ETFs could outperform Ethereum (CRYPTO: ETH) ETFs in their initial six months.
Ethereum has displayed bearish signals after breaking below its 100-day moving average, underscoring increased selling activity. However, the 200-day MA, acting as the buyers' last defense, still holds, offering hope for a potential rebound.
Ethereum (ETH) has dropped nearly 30% since December 16, 2024, due to Bitcoin's (BTC) crash under $90K on Monday. The sudden collapse in BTC and the broader crypto market seems to have created an opportunity for whales to accumulate.
TL;DR The crypto market rebounds significantly, with Bitcoin surging back to $96,000 after a dramatic dip below $90,000. Ethereum and Dogecoin also see impressive gains, with Ethereum climbing to $3,184.61 and Dogecoin rallying over 8.75% to $0.346. The overall crypto market cap rises by 5.40% to $3.32 trillion, fueled by cooling U.S.
Sony, the electronics giant with $73 billion in yearly revenue, announced their ethereum L2 Soneium has launched its mainnet today.
The net outflow from the US spot Ethereum ETFs on Monday was about $39 million amid slow network growth.
Historically, the first quarter of the year is always bullish for ETH, but there's one caveat this time.
The cryptocurrency market reached significant milestones in 2024. With mainstream appeal steadily rising on account of increased accessibility through Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) and a favorable political climate, the wider market went into a bull run in the last quarter of the year.
Bitcoin (BTC) briefly plummeted below $90,000 on Monday, ringing alarm bells among investors as markets panicked. However, it quickly rebounded from this level to reach $92,500 and then climbed to its current level of $95,400.
Not everyone, however, agrees that today's rebound is sustainable.
Ethereum zählt nicht umsonst zu den wichtigsten Kryptowährungen der Welt. Die aktuelle Nummer 2 der Kryptowelt punktet vorwiegend mit seinen Anwendungen für ein dezentralisiertes Finanzwesen.
Over de afgelopen week gezien, is de Ethereum koers met 13,34% gedaald. Hiermee kwam het gister onder de psychologische grens van $3000.
The latest weekly report from CoinShares, a leading European digital asset investment firm, sheds light on the ongoing fluctuations in the cryptocurrency market. Despite Bitcoin continuing to lead in terms of inflows, Ethereum has faced a major setback, recording significant outflows.
Ethereum price on Monday declined below $3,000 for the first time in sixty six days, but how far up can it rise after a recovery?
Ethereum (ETH) has been caught in a significant downturn over the past month, experiencing a sharp 18.61% drop in value. After reaching a recent high of $3,746 just a week ago, ETH has faced continuous downward pressure, raising concerns about the altcoin's future trajectory.
Ethereum rebounds 9.25% from its “ultimate buy zone,” signaling a potential 30% rally. Recovering funding rates and macroeconomic shifts add to bullish momentum.
Mit Blick auf die vergangene Woche bleiben Bitcoin und Ethereum im roten Bereich: Gegenüber der Vorwoche sank der Preis des Bitcoin um 7 Prozent, Ethereum um 14 Prozent. Geht es im Laufe der Woche wieder bergauf oder befinden sich die Nummer 1 und Nummer 2 laut Marktkapitalisierung in einer Abwärtsspirale?
Ethereum (ETH), the second-largest cryptocurrency in the world, is navigating rough waters in early 2025. With signs of a potential 10% price drop, many investors and traders are questioning whether the bearish signals will prevail or if a rebound is on the horizon.
The latest weekly report from CoinShares, a prominent European digital asset investment firm, reveals notable shifts in crypto asset fund flows. The report highlights inflows of $48 million into digital asset investment products during the past week.
Ethereum (ETH) has demonstrated notable resilience amid recent market fluctuations, maintaining a price of $3,241 despite a slight 1.5% dip over the last 24 hours. While this minor decline may seem concerning in the short term, analysts remain optimistic about Ethereum's long-term prospects, with predictions of continued bullish momentum.