Ethereum rose above $2,600, briefly hitting $2,665, driven by positive inflation data and strong ETF inflows totaling $216.41 million. This surge caused $216 million in short position liquidations and boosted optimism for ETH to reach $2,800–$3,400 if key support levels hold. Analysts note increased whale activity and a critical supply barrier between $2,700–$2,800, with technical indicators supporting further gains. Goldman Sachs anticipates a 25 basis point Fed rate hike, but institutional interest in Ethereum remains robust.
Ethereum surged from $2,437 to $2,667 on September 11, liquidating $211 million in short positions, driven by a CPI report showing 3.4% inflation. However, the price quickly fell back below the $2,500 resistance level, suggesting the breakout was a l...
Ethereum's price briefly surged to $2,665 on September 11, driven by a significant inflow of $216 million into Ethereum ETFs, the highest since late August. This rise occurred despite Goldman Sachs' warning of a likely 25 basis point rate hike by the...
Ether's price surged 7.46% to $2619 following US inflation data showing 3.4% annual growth, in line with expectations. This triggered a relief rally as investors reacted positively to the absence of worse inflation news, with short sellers buying bac...
Bitcoin briefly fell to about $76,050 following the release of the US inflation report, which showed a 0.4% increase in the Consumer Price Index for August and a core inflation rise of 0.3%, slightly above expectations. Despite this, Bitcoin quickly ...
Ethereum surged 10% within two hours, rising from $2,433 to $2,667, driven by a nearly 14% increase in whale transactions above $1 million. This surge coincided with fresh inflation data and reflected strong demand from large holders rather than reta...
