Ethereum price rose about 3% from $1,850 to above $1,900 on August 12, driven by softer U.S. inflation data that boosted risk appetite. The price reclaimed key moving averages, signaling a short-term recovery, but still faces resistance near $1,925 and a liquidation cluster around $1,950. A confirmed breakout above these levels could push Ethereum toward $2,000 and beyond, while a drop below $1,887 could weaken the bullish setup. The next moves depend on sustained buying and upcoming economic data influencing Federal Reserve policy expectations.
Ethereum is approaching a possible golden cross, where the 50-day moving average could cross above the 100-day moving average, signaling a positive trend. However, ETH must break through resistance around $1,920–$1,950 to confirm this bullish signal....
Cryptocurrency market prices show a general downward trend with Bitcoin trading at $62,805, down 1.2%. Ethereum and Binance Coin also saw slight declines. Notably, UNI token dropped sharply by 10.8%, and BEAT fell by 32%. Some tokens like ATOM and VV...
Bitcoin fell to its lowest level since August 3, dropping below $63,000, as spot bitcoin ETFs experienced $192 million in consecutive outflows for the first time since late July. Despite U.S. stocks rising on cooler producer price inflation data, cry...
Ethereum fell 2.4% to $1,872 following the US Consumer Price Index release, which matched expectations and triggered profit-taking. Exchange holdings rose slightly, indicating moderate selling, with small wallets distributing 160K ETH while large hol...
The stablecoin market cap increased by $1 billion on the TRON network last week, outpacing other chains significantly. This growth, led by issuers like United Stables, reflects rising demand for liquidity in the crypto market. Despite this, stablecoi...
