Ethereum's price fell below $1,600 for the first time since April 2025, driven by significant outflows from spot ETH ETFs and macroeconomic uncertainties. The token has lost over 31% since the start of the year, with a 10% drop in the past week alone. Market sentiment is pressured by institutional disengagement and large transfers by crypto whales, while a slowdown in DeFi activity and low gas fees weaken Ethereum's deflationary mechanism. The key support level to watch is $1,500; failure to hold above it could lead to further declines. Major institutions like Standard Chartered have lowered their 2026 price target but remain optimistic about long-term growth. Ethereum's near-term price action will be critical for the broader crypto market outlook.
Binance recorded a net inflow of $47.3 million in USDT within one hour, indicating a significant movement of stablecoin capital into the exchange. This inflow suggests traders may be positioning to buy cryptocurrencies like Bitcoin or Ethereum, altho...
Major cryptocurrencies experienced significant price declines, with Bitcoin falling 4.25% to $60,761 and Ethereum dropping 9.86% to $1,592. Other notable losses include Binance Coin down 4.74% and Cardano plunging nearly 15%. This broad sell-off refl...
Bitcoin briefly fell to $59,825, its lowest since October 2024, following stronger-than-expected US labor market data. The robust job growth and steady unemployment rate boosted the US dollar, causing a selloff in cryptocurrencies and other risk asse...
Over $615 million in long liquidations, mainly in Bitcoin and Ethereum, caused a rapid crypto market sell-off within four hours, signaling a shift from bullish to cautious trading. Bitcoin fell 3.35% to $61,844, Ethereum dropped 7.46% to $1,654, and ...
Ethereum is at risk of significant liquidations, with 343,075 ETH worth about $547 million approaching critical price points that could trigger forced selling. Key liquidation thresholds include 46,741 ETH at $1,565 and 137,908 ETH at $1,362. This si...
