Ethereum’s price has plummeted below $3,000 for the first time since early November, triggering nearly $200 million in liquidations for over-leveraged bulls. This decline marks a 20% drop from its January 7 peak of $3,750, as the cryptocurrency struggles amid a broader market correction. Liquidations for ETH have even outpaced those of Bitcoin, which also saw significant losses today.
read moreVitalik Buterin
36 posts last weekVitalik Buterin is a Russian-Canadian programmer and one of the co-founders of Ethereum, one of the most prominent blockchain platforms in the world.
Ethereum price struggles as supply increases and bearish sentiment grows
Ethereum’s price has dropped over 15% in the past week, falling below the $3,087 support level due to rising supply and lower demand, with total supply increasing by 0.37% to 120.4 million ETH since April 2024. While the Relative Strength Index indicates oversold conditions, suggesting a potential price reversal, bearish sentiment persists as funding rates decline. Ethereum’s future hinges on its ability to regain momentum and hold above critical support levels.
read moreEthereum Price Faces Downtrend with Key Support Levels in Focus
Ethereum is currently experiencing a downtrend, trading slightly above $3,000 after a more than six percent decline. Key support levels to monitor are around $2,920 and $2,840, with the potential for an early reversal if the price shows signs of weakening. If support fails, further declines are anticipated, impacting altcoins as well.
read moreEthereum Market Update on Outflows Accumulation Trends and ETF Activity
Ethereum is experiencing record outflows alongside notable accumulation trends, indicating shifting investor sentiment. Additionally, there is increased activity surrounding exchange-traded funds (ETFs), which could influence market dynamics moving forward.
read moreEthereum Leads Blockchain Revenue in 2024 Amid ETF Outflows
Ethereum has emerged as the leader in blockchain revenue for 2024, generating $1.9 billion, significantly outpacing competitors like Solana, which earned $374 million. Despite a recent $68.48 million outflow from Ethereum spot ETFs, investor sentiment remains optimistic due to historical price patterns and the potential for significant market shifts. As Ethereum retests key price levels, the outlook for substantial upward movement in the coming months appears promising.
read moreXYZVerse poised for massive returns as Ethereum faces market dip
Ethereum has seen a 2.5% price drop, currently trading at $3,171.30, amid market fluctuations linked to political changes. Meanwhile, XYZVerse is gaining traction as a potential meme coin champion, with forecasts suggesting returns of up to 25,000% and a projected 7,400% growth for its token, XYZ, as it merges sports and meme culture. This community-driven project aims to attract crypto enthusiasts and sports fans, positioning itself for significant gains in the upcoming bull run.
read moreComparing Ethereum Alternatives Cardano Solana and Polkadot in 2025
Polkadot features a core blockchain, Relay Chain, that ensures shared security and cross-chain interoperability through its Nominated Proof-of-Stake (NPoS) mechanism. It supports specialized blockchains called parachains and bridges to networks like Ethereum, positioning itself as a foundational competitor in the Web3 landscape. In contrast to Ethereum, which operates on a single-chain model, Polkadot’s multi-chain architecture enhances scalability and efficiency, making it a significant player among blockchain alternatives.
read moreEthereum Price Struggles Below Resistance Amid Potential for Further Decline
Ethereum is experiencing a minor recovery wave, trading above $3,200 but struggling to surpass the $3,320 resistance level. A bullish trend line offers support at $3,250, while major resistance is noted at $3,450. If the price fails to break through $3,320, it may decline towards $3,220 and potentially $3,160.
read moreTop Cryptocurrencies to Invest in for 2025 and Alternative Options
Investors are eyeing Ethereum ($ETH), Solana ($SOL), and Polkadot ($DOT) as top crypto choices for 2025, thanks to their unique advantages and market resilience. Ethereum leads in DeFi and NFTs, Solana excels in scalability, and Polkadot connects blockchains effectively. Additionally, presale options like Wall Street Pepe, Solaxy, and Best Wallet offer promising opportunities for diversification in crypto portfolios.
read moreEthereum Growth Predictions and PlutoChain’s Impact on Bitcoin Ecosystem
Analysts predict Ethereum (ETH) could see a 500% growth by 2025, driven by increasing ETF inflows, institutional interest, and its pivotal role in DeFi and NFTs. Meanwhile, PlutoChain ($PLUTO) aims to enhance Bitcoin’s ecosystem with Layer-2 technology, enabling DeFi and NFT functionalities while maintaining security and scalability. Both projects highlight the evolving landscape of blockchain innovation and investment potential.
read moreEthereum Price Rebound Expected as iDEGEN Gains Momentum in Crypto Market
Ethereum is poised for a rebound, maintaining support at $3,200 and showing bullish patterns that suggest a potential rise towards $4,000. Meanwhile, the iDEGEN project has gained significant traction, raising over $16 million and achieving a staggering 72,000% return in less than seven weeks, despite facing platform bans. In contrast, Shiba Inu has seen a 35% decline as investors shift focus to emerging meme coins, with its price trading within a narrow range and showing bearish signals.
read moreRexas Finance RXS Poised for Growth as Market Launch Approaches
Rexas Finance (RXS) is gaining momentum ahead of its market launch, with predictions of its price surpassing $5 shortly after debuting. The project, which has seen a nearly 500% increase during its presale, focuses on making real-world assets accessible through tokenization, appealing to a broad range of investors. With a successful Certik Audit and listings on major platforms, RXS is positioned as a significant player in the crypto space.
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