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Ethereum (ETH) has experienced a sharp downturn, crashing to $2,300 in the past 24 hours—a staggering 13% decline. This dramatic drop follows Bitcoin’s dip below $90,000 as U.S. markets opened for the week. According to CoinMarketCap data, ETH is currently trading at $2,420, having briefly plummeted to $2,330 in today’s volatile session. Ethereum’s Struggles Amid…
Ethereum has been on a rollercoaster ride since early February, experiencing sharp declines followed by swift recoveries. At the start of the month, ETH plunged below $2,200, hitting one of its lowest levels in months. However, strong buying pressure pushed prices back above $2,500, leading to a consolidation phase. Despite this recovery, Ethereum has struggled…
The cryptocurrency market is facing another significant decline, with major assets like Bitcoin (BTC) and Ethereum (ETH) struggling to hold key support levels. As of now, Bitcoin is trading around $95,896, marking a 0.64% daily drop, while Ethereum has fallen below $2,800, sitting at $2,725 after a 3.50% decline in the last 24 hours. The…
Ethereum (ETH) has outperformed the broader cryptocurrency market over the past 24 hours, marking a notable 12-day high and sparking mild optimism for a potential rebound. According to crypto analytics platform Santiment, Ethereum has managed to outpace most altcoins to start the week, despite broader market retreat. 📈 Ethereum has shown mild signs of a…
Ethereum (ETH) has faced a 21% decline over the past month, but recent signs of bullish sentiment could point to a potential reversal. At the time of writing, ETH was down by 0.49%, but there are key indicators suggesting the cryptocurrency may regain its strength as the week progresses. Institutional Investors’ Profit-Taking According to Glassnode,…
Ethereum (ETH), the world’s second-largest cryptocurrency, is reportedly at a pivotal juncture, with market sentiment reaching its lowest point in a year. This downturn in sentiment, however, may signal an impending price reversal, according to industry experts. Ed Hindi, co-founder of Swiss investment firm Tyr Capital, suggests that Ethereum has “reached peak ‘bearishness’” and stands…
Ethereum (ETH) recently surged past the crucial $2,600 demand zone, raising optimism for a sustained bullish rally. However, fresh market sell-offs are threatening to drag the price back within the lower range. As Bitcoin (BTC) struggles to reclaim $97,000, Solana (SOL) aims for $200, Litecoin (LTC) eyes $125, and Cardano (ADA) attempts to surpass $0.80,…
Ethereum bulls have seized the opportunity presented by the recent crypto market downturn, aggressively accumulating ETH at lower prices. Data from leading crypto analyst Ali Martinez revealed that whales have purchased a staggering 600,000 ETH over the past seven days, reinforcing bullish sentiment and hinting at a potential price surge. Whales have bought over 600,000…
Ethereum, the second-largest cryptocurrency by market capitalization, is under mounting pressure as hedge funds ramp up their bearish bets. Despite the broader crypto market showing signs of recovery, Ethereum has been lagging, with its price hovering around $2,500—down 2% in the last 24 hours and nearly 45% below its all-time high in November 2021. The…