Ethereum's price surged 7.46% to $2,619 by the end of the week, driven by bullish momentum and positive market reactions to the August U.S. Consumer Price Index data. Fundstrat co-founder Tom Lee called this the start of a major "face-ripper rally," signaling potential further gains and pressure on traders betting against Ethereum. Bitmine Immersion Technologies, chaired by Lee, has become the largest corporate Ethereum holder, accumulating about 5.9 million ETH, or 4.9% of the global supply, mostly staked for yield. This accumulation strategy, combined with renewed risk appetite and short position liquidations, has tightened ETH supply and supported the price rally.
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...
Ethereum has risen from 100th to 61st place among the world's top assets by market capitalization in 2026, reflecting a strong recovery. Its market cap surpassed $300 billion in mid-September, driven by shifts in U.S. inflation data and broader marke...
SUI cryptocurrency price is currently testing a key support level between $0.71 and $0.73 after falling 1.40%, underperforming compared to Ethereum and Solana. Analysts highlight that if buyers defend this floor, SUI could rebound to $0.84–$0.85, but...
Ethereum (ETH) surged over 6.5% in under an hour to reach $2,663, its highest since February, following U.S. Consumer Price Index data that met expectations. This rally triggered $215 million in short position liquidations and reduced ETH's year-to-d...
