Ethereum (ETH) surged over 6.5% in under an hour to reach $2,663, its highest since February, following U.S. Consumer Price Index data that met expectations. This rally triggered $215 million in short position liquidations and reduced ETH's year-to-date losses to 15%, raising hopes for a positive end to 2026. Analysts emphasize the importance of ETH holding above $2,500 to sustain momentum, with price targets between $2,800 and $2,950 for September. The market sentiment is optimistic but cautious, as ETH shows signs of breaking out from a consolidation phase and potentially leading an altcoin rally.
In the past five hours, Ether (ETH) saw the largest inflow of $48.73 million and also the biggest outflow of $8.32 million among cryptocurrencies. Bitcoin (BTC) followed with $22.47 million inflows and $7.43 million outflows. Stablecoins like USDT an...
On October 11, XRP's coin-margin long positions increased significantly by 12 percentage points to 78.32%, while Ethereum's long positions declined in both coin-margin and USDT-margin markets. Bitcoin and Solana also saw notable increases in long pos...
POAP founder @worthalter transferred 4,000 Ether (ETH) to the Gemini exchange on October 10, following a prior reduction of 8,000 ETH over six days. The latest transfer was valued at about $10.02 million, while the earlier 8,000 ETH was sold at an av...
South Korea's crypto market showed renewed risk appetite with a 79% advancer ratio among major tokens. Bitcoin traded slightly higher at 113.13 million won, while Ethereum also rose. Starknet on Bithumb led gains with a 51.3% jump, supported by stron...
Bitcoin ETFs have seen a slowdown in demand after nearly three years, though they continue to support Bitcoin's price recovery with positive net inflows of 30,000–40,000 BTC over the past month. Early October showed volatile ETF flows, with large inf...
