Ethereum (ETH) is poised for a potential breakout following the SEC’s repeal of the SAB 121 accounting rule, which previously hindered crypto services. Analysts predict a rally could push ETH to $7,000, driven by increasing institutional interest and the possibility of ETH ETFs with staking features. Joseph Lubin, co-founder of Ethereum, noted that the Trump family’s potential entry into the Ethereum space could further influence market dynamics.
about Ethereum Poised for Breakout as SEC Revokes SAB 121 RuleThielen
0 posts last weekBitcoin Expected to Reach 122K Before Potential Consolidation Phase
Bitcoin is projected to reach $122,000 next month, following a potential 15% increase from its current price, before entering a consolidation phase, according to 10x Research’s Markus Thielen. He noted that Bitcoin’s recent price movements indicate a “low-risk, high-reward entry opportunity,” with significant upside potential if it maintains its upward trajectory. Analysts suggest that if Bitcoin surpasses $106,000, it could continue to rally beyond $122,000, supported by a strong recovery pattern.
about Bitcoin Expected to Reach 122K Before Potential Consolidation PhaseCrypto Sentiment Index Falls as Bitcoin Drops Below Ninety Two Thousand
The Crypto Fear & Greed Index has plummeted 19 points to a score of 50, marking its lowest level since mid-October, as Bitcoin’s price dipped below $92,000. This shift to the “Neutral” zone follows three months of “Extreme Greed,” influenced by potential U.S. monetary policy tightening and significant outflows from Bitcoin ETFs. Analysts suggest that rising treasury yields and a stronger dollar are also contributing to Bitcoin’s struggles to maintain its value above $100,000.
about Crypto Sentiment Index Falls as Bitcoin Drops Below Ninety Two ThousandBitcoin Rally Faces Challenges Ahead of January FOMC Meeting
Bitcoin has surged 47% since Donald Trump’s election victory, reaching around $99,700, but analysts warn that momentum may stall ahead of the January FOMC meeting. While a favorable CPI report could boost optimism, the Fed’s interest rate decisions remain a significant risk to BTC’s bullish trend. Institutional interest is rising, with notable inflows into Bitcoin ETFs and increased reserves from major mining firms.
about Bitcoin Rally Faces Challenges Ahead of January FOMC MeetingEthereum’s 2025 Outlook Clouded by Validator Decline and ETF Weakness
Ethereum’s outlook for 2025 appears bleak, with analysts noting a decline in active validators and weak ETF demand compared to Bitcoin. While Ethereum’s 2024 returns were significantly lower than Bitcoin’s, some experts suggest that improved marketing and diversification could attract investors. Current trading stands at $3,351, with predictions of potential price movements varying among traders.
about Ethereum's 2025 Outlook Clouded by Validator Decline and ETF Weakness