Ethereum's price hovered near $2,050 as the Ethereum Foundation increased staking to nearly 70,000 ETH, worth over $140 million, supporting ecosystem development. Meanwhile, US spot Ethereum ETFs experienced net outflows exceeding $42 million last week, pressuring market sentiment. Analysts highlight the importance of Ethereum breaking above the $2,100-$2,150 resistance to gain upward momentum, while a drop below $2,000 could trigger significant long liquidations. The market remains cautious as traders watch these critical price levels for direction.
Bitcoin briefly reached a three-week high near $65,600 before retreating to around $64,000, influenced by lower-than-expected US inflation data and geopolitical tensions. Ethereum also reversed from a six-week peak near $1,950, slipping below $1,900....
Bitcoin fell back to $64,000 after reaching a monthly peak of $65,500 due to profit-taking and geopolitical tensions from Iranian strikes on U.S. bases. Most altcoins also declined as bearish sentiment dominated the market, with XRP futures showing i...
Bitcoin and Ethereum experienced combined outflows exceeding $59 million as traders moved funds into stablecoins like USDT and fiat currencies, signaling a cautious stance in the crypto market. This rotation reflects a short-term defensive strategy, ...
Ethereum faces resistance near $1,900, which might cause a short-term pullback to $1,810 or $1,781. However, a confirmed double-bottom breakout suggests a potential 15% rally to the $2,125–$2,186 range if it holds above $1,817. Breaking below $1,781 ...
Ethereum (ETH) has outperformed Bitcoin (BTC) in Q3, driven by a rally sparked by a softer CPI report and strong on-chain metrics. The recent surge pushed ETH above $1,900, triggering significant liquidations in futures positions. However, ETH now fa...
