Ethereum's price briefly fell below $2,000 for the first time since March, wiping out all Q2 gains and dropping 19% from its April peak. The decline is driven by weak network activity, low gas fees, and significant outflows from U.S. Spot ETH ETFs, signaling reduced demand and structural challenges as Layer 2 solutions divert transactions from the mainnet. Institutional interest favors Bitcoin over Ethereum, with the ETH/BTC ratio hitting a year low. Without renewed ETF inflows and increased network demand, Ethereum could test support around $1,800. Despite whale buying increasing holdings to a 10-week high, overall capital outflows and weak demand suggest further downside risk in the medium term.
Bitcoin's price stabilized around $74,000 following positive regulatory developments in the US, including the Commodity Futures Trading Commission allowing crypto perpetual futures trading. Despite significant liquidations and outflows from Bitcoin a...
XRP is showing a quiet but strong recovery, bouncing decisively from around $1.27 and reclaiming momentum above the 9 EMA, a key short-term indicator. This rebound suggests the recent price drop was likely a liquidity flush rather than a structural b...
Ethereum's largest holders, wallets with at least 100,000 ETH, have increased their share to 22.03% of circulating supply, marking a ten-week high in accumulation. This shows strong confidence among big investors even as Ethereum's price struggles to...
Ethereum's price has fallen below the key $2,000 level and is now testing support near $1,800 amid rising risks from heavy leverage and continuous outflows from U.S. spot Ethereum ETFs, which have seen 13 consecutive days of net withdrawals totaling ...
Ethereum's price is testing the crucial $2,000 support level after three weeks of decline totaling nearly 15%. BitMine's Ethereum holdings have dropped 90% from their peak, reflecting significant unrealized losses, while Tom Lee's portfolio has also ...
