Ethereum fell 5.5% to an intraday low of $2,356 on September 2, pressured by rising US-Iran tensions that pushed oil prices near $95/barrel and US Treasury yields above 4.8%. This environment strengthened the US dollar and dampened appetite for risk assets like crypto. Futures liquidations hit $94.2 million, while open interest stayed high at $32.48 billion. Meanwhile, two dormant whale wallets withdrew $126.25 million in ETH, hinting at possible institutional buying. Technical analysts warn that holding the 50-week moving average is crucial to avoid a further drop to $2,200, with a potential rebound to $2,500–$2,550 if support holds. The market awaits the Federal Reserve's September 16 rate decision, which adds uncertainty to Ethereum's near-term outlook.
Japan-listed Remixpoint sold its holdings in Ethereum, Solana, XRP, and Dogecoin, booking a total gain of about $742,000. The company earned the largest profit from Ethereum and Solana but took a loss on Dogecoin. Following these sales, Remixpoint wi...
Bitcoin traded above $77,600, recovering from a recent dip, while XRP led gains with a nearly 3% rise to $1.36. Other cryptos like BNB and Solana also saw modest increases, but Ether lagged below $2,400. Despite the rebound, the broader crypto market...
Arthur Hayes, co-founder of BitMEX and CIO of his family office Maelstrom, reaffirmed a long-term Bitcoin position and set a $10,000 price target for Ether by the end of 2026. He also set speculative targets for altcoins Ethena at $0.50 and Ether.fi ...
Cryptocurrency markets display varied price changes, with Bitcoin trading around $77,361, slightly up by 0.30%. Ethereum and some other major coins show minor declines, while several altcoins like ASTER, MNT, and ARB experience significant gains, ind...
Market maker Wintermute reports a shift in crypto trends with XRP outperforming Bitcoin and other altcoins, rising from $1 to $1.70 amid strong institutional interest. Despite macroeconomic challenges and geopolitical tensions, XRP attracted $110 mil...
