Recent macroeconomic data raised analysts' concerns regarding persistent inflation and sustained interest rates.

Ethereum's Pectra upgrade, a pro-crypto US president, broader adoption and increased ETF uptake could push Ether to hit $12,000 this year, says a crypto researcher.

Ethereum (ETH) is making waves in the crypto market, with its price recently breaking through the $3,670 resistance point and now eyeing the $4,000 level. This move has rekindled excitement among traders and analysts, fueling speculation that Ethereum could soon achieve new all-time highs (ATHs).

After a lackluster 2024, Ethereum has started 2025 with a bang, surging over 13% since the year began. This impressive performance has reignited optimism among investors who are anticipating a bullish year for ETH and the broader altcoin market.

The cryptocurrency market experienced a sharp downturn on Wednesday, with Bitcoin (BTC) falling below the $97K mark, down from $102K. The global crypto market fell by about 6%, now standing at $3.37 trillion. The total crypto market volume over the last 24 hours has surged to $169.2 billion, reflecting a 31.72% increase.

Bitcoin and Ethereum ETFs have seen a surge in investor interest, pulling in $1.1 billion in net inflows on January 6, 2025, following a slower start to the year.

Ethereum is trading below last year's highs as investors eagerly await a breakout to confirm the start of the anticipated Altseason. While ETH's price action has been subdued, traders remain optimistic about its potential to perform exceptionally well in 2025, given its historical cycles and the market's overall bullish sentiment.

Ethereum price failed to clear the $3,750 resistance and trimmed gains. ETH is back to $3,350 and might struggle to start a fresh increase.

The trading volume of Ethereum, the second-largest cryptocurrency by market capitalization, has significantly increased recently. This significant rise is a sign of increased market activity since it implies that traders and investors are participating more actively.

The Ethereum (ETH) price took a beating on Tuesday, dropping 8% on the day to below $3,400 as risk appetite took a broad beating following strong US economic data that triggered fears of a US inflation rebound that could result in slower/less interest rate cuts from the US Federal Reserve. The post Ethereum Price Crashes 8% – Collapse Back Below $3,000 Imminent? appeared first on Cryptonews.

The cryptocurrency market was not doing well on Tuesday as Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and other digital assets plunged. The crypto market crash occurred in tandem with other risk-off events in the global financial market owing to rising US treasury yields, a more hawkish Fed and heightened macroeconomic uncertainty.

Ethereum's price has been on the rise since hitting a low on December 20, but the rally thus far appears to be more of a corrective move than an impulsive uptrend. The market hasn't yet displayed enough momentum to confirm a strong upward trend, but this could change as the price action evolves.

Nexo's latest Dispatch report discussed Bitcoin crossing $100,000, Ethereum gaining traction, and Solana facing potential headwinds as 2025 begins with surging market activity. Bitcoin broke through the $100,000 mark this week, a milestone highlighted in Nexo's latest “Dispatch” report.

Cryptocurrency markets are sliding on Tuesday as producer price pressures weigh on the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,073.3 -4.7% Ethereum (CRYPTO: ETH) $3,431.99 -6.9% Solana (CRYPTO: SOL) $205.16 -6.4% XRP (CRYPTO: XRP) $2.30 -5.5% Dogecoin (CRYPTO: DOGE) $0.3562 -8.7% Shiba Inu (CRYPTO: SHIB) $0.00002217 -8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 68.6% and daily active addresses falling by 0.01%.

Cryptocurrency markets are sliding on Tuesday as producer price pressures weigh on the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,073.3 -4.7% Ethereum (CRYPTO: ETH) $3,431.99 -6.9% Solana (CRYPTO: SOL) $205.16 -6.4% XRP (CRYPTO: XRP) $2.30 -5.5% Dogecoin (CRYPTO: DOGE) $0.3562 -8.7% Shiba Inu (CRYPTO: SHIB) $0.00002217 -8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 68.6% and daily active addresses falling by 0.01%.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Bitcoin and Ethereum ETFs started 2025 in the red, but now have collectively attracted $1.75 billion over the last two trading days.

In a surprising turn of events, the cryptocurrency market has experienced a sharp decline, with Bitcoin (BTC) and Ethereum (ETH) both seeing significant losses. This downturn coincided with the release of the US Job Openings and Labor Turnover Survey (JOLTS) data, which indicated a surge in job openings, signaling a robust labor market.

Cryptocurrency prices retreated sharply on Tuesday, erasing some of the gains made on Monday as concerns about the bond market intensified. Bitcoin (BTC) dropped by 4%, reaching an intraday low of $97,700.

By leveraging scalable solutions, Ethereum can continue to thrive as a cornerstone of the decentralized world.

After cresting at an impressive $102,760 per coin, the preeminent cryptocurrency, bitcoin (BTC), has precipitously fallen beneath the $100,000 threshold, reaching a nadir of $97,124 per unit. Bitcoin Below $100K, Liquidations Liquidate Hopes Tuesday proved to be a tumultuous day within the realm of digital currencies, with the aggregate market capitalization plummeting by 4.

Bears are returning to the game, according to CoinStats.

XRP's popularity rises in South Korea, with Bitcoin Cash ranking higher than Solana and Cardano despite lower market capitalization.

There are growing signs that ether is poised to lead its more well-established rival in the new year.

Leading altcoin Ethereum (ETH) has seen a remarkable spike in the past week. Its value has climbed nearly double digits and currently trades at $3,672.

The Solana network recorded nearly $3.8 billion in 24-hour trading volume across its decentralized exchanges (DEXs) on Jan. 6, according to data from DefiLlama.

TRX price remained steady on Tuesday, Jan. 2, even as the Tron network continued to outperform Ethereum in revenue. Tron (TRX), the cryptocurrency founded by Justin Sun, was trading at $0.2691, slightly above its December low of $0.2237.

The subtle rivalry between XRP and Ethereum (ETH) is now beyond just the market capitalization and ranking of both coins. A new report shows South Korean traders' shifting perception about both coins.

Solana developers are debating new technological upgrades to enhance the blockchain's performance and security. These initiatives aim to address scalability challenges and bolster the network's resilience against potential threats from quantum computing as it contests Ethereum's dominance.

On Monday, over $1 billion flowed into spot bitcoin and ether ETFs with Fidelity and Blackrock ETFs dominating the inflows. Bitcoin and Ether ETFs Extend Strong Start to 2025 U.S. spot bitcoin and ether exchange-traded funds (ETFs) continued their strong start to the year with a combined inflow of $1.1 billion on Monday, Jan. 6.

The global cryptocurrency market recorded a modest increase in the past 24 hours, with the market capitalization growing by 0.59% to reach $3.55 trillion. Trading activity surged as the 24-hour volume spiked by 30.16% to $127.63 billion, signaling heightened investor sentiments.

Ethereum (ETH) price struggles around key resistance levels despite Bitcoin's (BTC) reclaim of the $100K level. A closer look at Open Interest and momentum indicator reveals that a lack of momentum that suggest a correction could come before ETH revists $4,000 retest.

The U.S. spot Bitcoin ETFs brought in $978.6 million, while the spot Ethereum funds registered $128.7 million in net inflows.

Bitcoin (BTC) surged past $100,000 as it continued its upward momentum in the new year. The cryptocurrency went from a low of $98,760 to $102,413 late on January 6 before dropping marginally to its current level of $101,745.

A recent survey shows that while Bitcoin remains the most preferred crypto among South Korean investors, Ripple has surpassed Ethereum in popularity.

Solana has surpassed Ethereum and Base in daily decentralized exchange trading volume, highlighting its growing prominence in decentralized finance.

Ethereum approaches $4,000 for the fourth time in 2024, supported by multiple technical patterns and institutional accumulation through BlackRock's ETF holdings of over 1 million ETH.

The US traded ETFs bought $978.6 million worth of bitcoin and $128.7 million worth of ethereum on Monday with inflows coming in at the higher end for the day.

Ethereum tests crucial resistance at $3,750, aiming for further gains. Bullish momentum continues with key support at $3,660 and $3,620.

In the last 24 hours, on the network, there have been exchanges of 3.98 billion dollars.

Ethereum's price has pushed higher since the low on December 20th, but so far, the rally looks more like a corrective move. Currently, the price action doesn't seem impulsive enough to confirm a strong upward trend, but this could change as the market develops. There are two main scenarios to consider moving forward.

Ethereum (ETH) surged past the local resistance at the $3,670 price level earlier today, rekindling hopes for a successful breakout through the persistent $4,000 resistance. Some crypto experts are optimistic that ETH might finally be poised to reach new all-time highs (ATH).

Ethereum price has risen for three consecutive weeks, helped by the ongoing recovery of cryptocurrencies. ETH, the second-biggest cryptocurrency, rose to $3,670 on Tuesday, as technicals and fundamentals pointed to more gains in the current quarter.

Ethereum price extended its increase above the $3,650 zone. ETH is consolidating and aims for a fresh increase above the $3,750 resistance.

Over the past 30 days, Bitcoin and Ethereum network fees have remained relatively modest, even as prices have experienced an upward trend. During the first week of 2025, the average transaction fee on the Bitcoin network was $1.40.

An analyst known for making timely altcoin calls believes that top memecoin Dogecoin (DOGE) is getting ready to ignite a fresh leg up. Pseudonymous analyst Bluntz tells his 306,000 followers on the social media platform X that DOGE appears to be in the early stages of a new five-wave rally on the 12-hour chart.

L2 chains as a whole and individually expanded their traffic in the past months, surpassing by more than 4.5 times the transactions on Ethereum.