Ethereum (ETH) has fallen 7% in the past week, dropping below $1,600 as whales increase token inflows to exchanges, signaling potential further selling. Market conditions have worsened with rising odds of a U.S. Federal Reserve rate hike in September, pushing investors toward safer assets. Analysts expect ETH to possibly retest its April 2025 low of $1,400, though this level may act as a floor. Despite short-term bearish signals, a cycle bottom could be near as selling pressure eases.
The crypto derivatives market experienced $1.42 billion in liquidations within 24 hours, with Ethereum accounting for $349.17 million, mostly from long positions. Ethereum tested the $1,550 level amid a bearish trend and declining adoption signals, i...
Cryptocurrency markets saw a general decline with Bitcoin priced around $59,280, down 1.44%, and Ethereum falling 3.54% to about $1,562. Other major coins like BNB, XRP, and SOL also experienced losses. This reflects ongoing volatility in the crypto ...
Bitcoin fell below $60,000, causing $1.48 billion in crypto liquidations, mainly hitting long traders. This drop follows stronger U.S. inflation data, raising expectations that interest rates will stay higher for longer. Bitcoin options worth $9.33 b...
Bitcoin fell sharply by 5% to $58,000, its lowest level since 2024, before rebounding slightly to $59,400. The broader crypto market also declined, influenced by a hawkish Fed signaling imminent rate hikes. Despite the downtrend, derivatives data sho...
Ethereum's price fell below $1.6k to a low of $1.5k, erasing gains made in June amid strong bearish momentum. Large holders, or whales, sold 19,441 ETH worth about $31.6 million to limit losses, signaling weak market confidence. Exchange data shows i...
