Ethereum (ETH) fell below a crucial support level of $1,800, raising the possibility of a further drop to its April 2025 lows around $1,400. This decline is driven by a shift in macroeconomic expectations, including increased odds of U.S. interest rate hikes due to rising inflation and geopolitical tensions. An important on-chain metric, the MVRV Ratio, has dropped to levels last seen during ETH's 2025 bottom, signaling depressed market sentiment. If ETH fails to reclaim $1,800 soon, a retest of $1,400 could be imminent, potentially offering a shorting opportunity for traders.
Ethereum rose following a U.S. inflation report showing slower CPI growth, which weakened the dollar and boosted risk assets. Binance saw over $1.2 billion in Ethereum buy volume, pushing prices near $1,895. However, the rally lost steam as Bitcoin a...
SPX6900 surged over 12% in 24 hours driven by a 62% volume increase and strong buying from Solana whales, who raised holdings by 65%. Ethereum network activity also picked up, with transfers nearly quadrupling and transactions doubling, supporting th...
Bitcoin crossed the $65,000 mark with improving market sentiment, reflected by a Crypto Fear & Greed Index of 35. Despite recent volatility and liquidation of over 79,000 traders, Bitcoin and Ethereum saw significant inflows into spot ETFs, signaling...
Ethereum (ETH) price recently broke out of a descending trendline, trading near $1,928 with a 5.2% gain in 24 hours. Futures open interest surged to $19.8 billion, the highest since early June, indicating renewed trader confidence and new capital ent...
Bitcoin surged above $65,000 and Ethereum passed $1,900 after US Producer Price Index data showed inflation cooling more than expected. The weaker inflation readings reduced market expectations for a Federal Reserve interest rate hike in July, boosti...
