Trader DonAlt highlights Ethereum's clear technical setup, with ETH holding above a crucial $2,400 breakout level after rising about 30% since mid-August. This support level is key to maintaining the recent rally, with resistance near $2,816 offering potential for further gains. DonAlt views Ethereum as a market leader for altcoins, contrasting with his earlier focus on XRP, which has also seen strong ETF inflows despite a recent price pullback. The institutional interest in both ETH and XRP supports their price actions and suggests broader crypto market trends to watch.
After nine days of inflows totaling $3.04 billion, U.S. Spot Bitcoin ETFs recorded $201.81 million in outflows on August 28 as Bitcoin's price fell from $80K to around $78,275. Meanwhile, altcoin ETFs like Ethereum, XRP, and Solana continued to attra...
Trader DonAlt, known for accurately predicting XRP's rally, highlights Ethereum's current price chart as the clearest in crypto. After breaking above the $2,400 resistance, Ethereum has consolidated between $2,454 and $2,492, maintaining strong suppo...
Ethereum's price fell to $2,436 on August 29, reflecting a 2.33% decline amid a broader 1.71% drop in the crypto market. Despite this, U.S. spot Ethereum ETFs saw $1.52 billion in net inflows over 10 days, led by BlackRock's ETHA fund which captured ...
Ethereum spot ETFs have attracted over $1.5 billion in inflows across 12 trading days since August 12, driven largely by BlackRock's clients purchasing $1.02 billion. Despite strong ETF demand, Ethereum's price is consolidating between $2,383 and $2,...
Grayscale highlights that the US public debt exceeding $40 trillion could weaken confidence in fiat currencies, increasing interest in cryptocurrencies like Bitcoin, Ethereum, and Zcash as alternative stores of value. The Treasury's expanded long-ter...
