Ethereum's price has climbed back into profitability for many holders, sparking hopes of a push to $3,000. However, the $2,800 resistance level remains a significant barrier, having repeatedly halted rallies in recent months. Traders are watching volume and buying pressure closely, as a strong breakout above $2,800 with sustained momentum is needed to reach $3,000. Market sentiment is mixed, and external factors like Bitcoin's moves and regulatory news could influence the next direction. Until Ethereum decisively breaks this level, it may continue to trade sideways or face pullbacks.
Bitcoin fell 2.7% to about $63,200 following a sharp sell-off in Asian equity markets, notably Korea's Kospi which dropped over 10%. The tech sector was pressured by worries over AI infrastructure investments exceeding $750 billion, causing Nvidia sh...
CoinMarketCap's Altcoin Season Index increased to 53, indicating a slight improvement in altcoin performance relative to Bitcoin. However, this level remains below the 75 threshold that signals a full altcoin season, keeping the market in a neutral s...
Bitcoin fell about 2.7% to around $63,200 following the U.S. market close, dragged down by a sharp 10% drop in South Korea's Kospi index, which hit its lowest since April. The U.S. Senate postponed a vote on the CLARITY Act, delaying crypto regulator...
On July 27, Bitcoin ETFs experienced an outflow of $11.6 million, indicating a possible short-term drop in investor demand. Meanwhile, Ethereum funds saw an inflow of $9.2 million, reflecting growing positive sentiment toward Ethereum. These contrast...
The US dollar index surged to a 13-month high driven by growing speculation of a Federal Reserve rate hike amid persistent inflation and high energy prices. This strengthened dollar has pressured Bitcoin and Ethereum, which typically move inversely t...
