Ethereum's price dropped sharply to around $1,500, marking a 23% weekly loss due to a market-wide liquidation triggered by Bitcoin's dip below $60,000 and worsening macroeconomic factors. Spot Ethereum ETFs saw significant outflows totaling over $700 million from May to early June, removing key institutional demand and pressuring prices further. Technical analysis indicates a bearish trend with potential further declines toward the $1,000-$1,100 range if support at $1,400 breaks. Macroeconomic concerns, including strong U.S. labor data and rising oil prices, have shifted investor focus away from cryptocurrencies toward safer assets, keeping liquidity tight and sentiment bearish.
Ethereum has broken key support levels and completed a bearish pattern, pushing its price below $1,550. Analysts warn this could be the start of a larger decline, with $1,400 and $1,070 identified as the next major support zones. The price remains un...
Ether fell over 8% to $1,625 on June 5, marking its lowest price since April 2025 and a steep decline from nearly $5,000 less than a year ago. This drop occurred alongside Bitcoin's sixth straight daily loss and severe declines in privacy coins like ...
Bitcoin briefly dropped below $60,000 following a strong US jobs report that led to a broad market selloff, including stocks, bonds, and cryptocurrencies. The report caused markets to price in higher interest rates for longer, pushing Treasury yields...
Uniswap set a new daily record by burning 134,000 UNI tokens under its UNIfication mechanism, reflecting increased fee collection and token burns across multiple blockchains. Hayden Adams, Uniswap's creator, expressed strong bullish sentiment on DeFi...
Ethereum's price plunged 10% on June 5, leading a broad altcoin sell-off that pushed total altcoin market capitalization below $880 billion. Zcash fell over 40% after an AI-discovered security flaw in its Orchard shielded pool was revealed, causing p...
