Ethereum's price fell 4% to about $1,628 following a broad cryptocurrency market correction that wiped $1.1 billion in liquidations in 24 hours. The $1,700 level, once support, is now resistance, signaling bearish pressure with potential to test $1,600 and possibly $1,500 if the downtrend continues. Bitcoin also declined, and Ethereum ETFs saw inflows despite Bitcoin ETF outflows, indicating mixed investor sentiment. Traders watch key levels at $1,700 resistance and $1,600 support for signs of market direction.
Ethereum's price dropped close to $1,600, falling about 14% from its June high, as traders reduce risk ahead of U.S. inflation data. Despite this, BitMine, a major corporate holder, reportedly acquired an additional 75,000 ETH worth around $123 milli...
Crypto markets are under pressure with bitcoin dropping below $61,500 and trading under its 200-week moving average, signaling a potential prolonged bear market. Traders are increasingly shorting major tokens like bitcoin, ether, and XRP, reflecting ...
Audiera's BEAT token rose sharply to about $5.44 on June 10, gaining 28% in one day and 343% over the past week, despite a broadly declining cryptocurrency market. This rally was driven by increased leverage and a short squeeze, with $4.2 million in ...
Ethereum's price is showing a bearish pattern called a bear pennant after falling sharply from above $2,100 to around $1,520. This pattern suggests a continuation of the downtrend, with a potential target near $1,250 if support breaks. The ongoing US...
On June 9, XRP spot ETFs drew $7.44 million in net inflows, surpassing Solana, Bitcoin, and Ethereum ETFs, which saw outflows. This indicates growing institutional interest in XRP investment products even as XRP's price struggles, trading near $1.11 ...
