Ethereum's price fell below $1.6k to a low of $1.5k, erasing gains made in June amid strong bearish momentum. Large holders, or whales, sold 19,441 ETH worth about $31.6 million to limit losses, signaling weak market confidence. Exchange data shows increased selling activity and supply, with technical indicators confirming intense selling pressure. If the downtrend continues, Ethereum could fall further below $1.6k, but a market rebound could help it reclaim $1,740.
Bitcoin fell sharply by 5% to $58,000, its lowest level since 2024, before rebounding slightly to $59,400. The broader crypto market also declined, influenced by a hawkish Fed signaling imminent rate hikes. Despite the downtrend, derivatives data sho...
Bitcoin dropped to around $58,200, its lowest level this year, following US inflation data revealing the Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures price index, rose to its highest in over three years at 4.1% y...
The XRP Ledger has overtaken Ethereum for the first time in Ripple USD stablecoin supply, reaching $801.8 million compared to Ethereum's $795.6 million. This shift, called the "flippening," was driven by stable demand on XRP Ledger and token burns on...
Ethereum traded near $1,655 after dipping below $1,600 amid market selloff and ETF outflows totaling over $112 million in two days, signaling cautious investor sentiment. Whale activity showed mixed signals with large withdrawals and sales balancing ...
Bitcoin and USD Coin experienced significant net outflows totaling around $760 million combined, while Tether (USDT) recorded notable inflows, indicating a rotation of liquidity rather than a full market exit. This shift reflects traders repositionin...
