Ether has fallen nearly 59% from its August peak, currently trading around $2,014, with forecasts indicating a 63% chance of further decline to $1,500. Ethereum-linked ETFs have seen $500 million withdrawn over 11 days, signaling investor caution. Despite this, some institutions continue accumulating Ether, highlighting its ongoing importance in stablecoins and tokenized assets. The market remains volatile, with uncertain recovery prospects as investors watch for signs of stabilization or further drops.
Ether's price dropped below $2,000 for the first time since March, declining nearly 8% over the past week amid rising risk aversion. Despite the price fall, open interest in ether futures surged to a record 16.39 million tokens, indicating aggressive...
XRP dropped sharply to $1.2723, its lowest since February, following US military strikes on Iranian targets near the Strait of Hormuz. This geopolitical event caused nearly $1 billion in forced liquidations across the crypto market, with XRP losing 3...
Bitcoin has been declared "dead" 472 times since 2011 across various market cycles, yet it has grown over 70 million percent in value. Despite recent weak sentiment and price corrections, Bitcoin remains resilient. Currently, traders are showing incr...
Ethereum dropped below $2,000 following US airstrikes on Iran, causing a $1 billion forced liquidation in crypto markets and a sharp price decline. Market sentiment turned bearish with a 63% chance ETH could fall to $1,500, while ETFs saw $500 millio...
On May 28, major cryptocurrencies Bitcoin (BTC) and USD Coin (USDC) experienced significant net outflows of approximately $200 million and $184 million respectively, signaling a risk-off sentiment in the crypto market. Ethereum (ETH) also saw a net o...
