Ethereum's price fell below the key $2,000 level for the first time since March 29, driven by renewed US-Iran hostilities that sparked a broad crypto sell-off and pushed traders into defensive positions. The wider crypto market lost about $80 billion in value following fresh military strikes and retaliations, with Bitcoin also hitting multi-week lows. Despite the short-term price drop, Standard Chartered remains bullish on Ethereum's long-term prospects, citing strong internal network metrics and growth potential in stablecoins and tokenized real-world assets. Ethereum's near-term price direction depends on whether it can hold support near $1,873 and reclaim $2,060 to ease selling pressure.
Ethereum (ETH) surged past the $1,894.89 resistance level, accelerating its recovery toward the $1,940–$1,950 zone after days of consolidation. This breakout was supported by lower-than-expected U.S. inflation data, which boosted risk appetite and bu...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Arthur Hayes reversed his crypto strategy by purchasing over $3.7 million worth of Ethereum after selling 6,000 ETH at a loss of about $606,000 just weeks prior. This move follows his pattern of bold crypto trades and quick exits, which have drawn cr...
Ethereum is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...
