Ethereum's price has dropped to around $1,644, down about 67% from its all-time high of $4,946 in August 2025. This decline is driven by macroeconomic challenges, significant outflows from spot Ethereum ETFs, and Bitcoin's growing dominance as a preferred asset. Despite upgrades improving Ethereum's infrastructure and a strong DeFi ecosystem with $37 billion locked, the reduced transaction fees have lowered ETH burn rates, weakening price support. Recovery depends on improved market sentiment, reduced Bitcoin dominance, and successful future upgrades like Glamsterdam.
Ethereum's price fell about 4% to around $1,630 following a $468 million wave of crypto liquidations, alongside Bitcoin's drop below $62,000. Technical indicators remain bearish, with Ethereum struggling to reclaim the $1,700 resistance level, which ...
Bitcoin dropped below $62,000 as market sentiment turned fearful ahead of an important U.S. Consumer Price Index (CPI) report. Over 132,000 traders were liquidated in the past 24 hours, with nearly $450 million lost. Spot Bitcoin ETFs saw significant...
Kalshi has filed with the U.S. Commodity Futures Trading Commission to introduce perpetual futures contracts for Hyperliquid's native token HYPE, marking an expansion of its crypto derivatives portfolio. This move follows Kalshi's earlier launches of...
The crypto market is experiencing a sharp crash with Bitcoin falling near $61,000 and Ethereum close to $1,700, while major altcoins also decline. This downturn coincides with a broader market correction as US stocks, gold, silver, and oil prices dro...
The CoinDesk 20 Index fell 1.4% to 1708.48, with every asset trading lower. Aave (AAVE) and Uniswap (UNI) were the biggest decliners, dropping 2.6% and 2.9% respectively. Ethereum (ETH) and SUI saw smaller declines of 0.6%. This broad market weakness...
