The cryptocurrency market has experienced significant price fluctuations, leading to billions of dollars in liquidations. Amid this, whales appear to be focusing on Ethereum (ETH), the world's second-largest cryptocurrency by market cap. Whale Eyes on Ethereum In the past 24 hours, the crypto market has seen millions of dollars worth of ETH accumulation.
The violent crypto dip in the early Monday morning hours has done little to rattle optimism in the industry, which remains focused on the long-term potential of the technology rather than short-term price fluctuations. What Happened: Speaking with Benzinga at the Digital Asset Summit in London, several speakers and attendees appeared relatively unfazed by what had unfolded earlier in the day.
In a dramatic reversal, Dogecoin (DOGE) plunged from around $0.34 as low as $0.20, wiping out nearly 40% of its value before finding tentative stability near $0.25 at press time. However, crypto analyst “Coosh” Alemzadeh (@AlemzadehC) maintains a bullish long-term outlook, sharing a weekly chart of DOGE/USD and remarking, “DOGE: Looking really good here,” despite the recent turmoil.
Ether, the second-largest cryptocurrency by market value, witnessed a significant spike in volatility Monday as the renewed trade war between the U.S. and its trading partners triggered broad-based risk aversion in financial markets. CoinDesk's Christine Lee reports in "Chart of the Day.
Dogecoin price sank on Monday, reaching its lowest level since November last year. This decline was part of the ongoing crypto and stock market sell-off.
President Trump said Monday that planned tariffs against Mexico will be delayed, reversing the slide of Bitcoin and other major coins.
The cryptocurrency market has displayed a strong bearish action overnight. Reportedly, the crypto space has lost over 8% in valuation in 24 hours. Moreover, the Bitcoin price plunged below $95,000, whereas Ethereum and Ripple tokens broke their important support trendlines.
Ethereum whale “7 Siblings” purchased another $14.5 million ETH. In the last 24 hours, the whale bought a total $126 million worth of Ether.
Ethereum faced a brutal capitulation event on Sunday, plummeting over 30% in less than 24 hours as market-wide panic took hold. The dramatic sell-off was fueled by growing fears of a U.S. trade war, sending shockwaves across the crypto space and causing Bitcoin and major altcoins to drop significantly.
It's true that both Dogecoin (DOGE -11.68%) and Shiba Inu (SHIB -12.20%) are meme coins based around cute pictures of dogs, but the two cryptocurrencies have differing factors driving their prices.
Ethereum dropped to $2,159.28, currently trading at $2,574.83, down 16.93% in 24 hours. Market cap stands at $310.15B, while trading volume surged 252% to $83.61B.
Bitcoin, Ethereum, and the broader crypto market have experienced massive price crashes, dropping to levels not seen in a while. This development is due to macroeconomic factors which have sparked a wave of sell-offs among crypto traders.
The ETH/BTC ratio has hit a critical point, with 77% of trading days unprofitable. Market trends and technical signals suggest further downside risk.
Ethereum (ETH) has hit a crucial point, testing its multi-year support levels after a significant price decline. This drop, largely triggered by macroeconomic factors and a broader market downturn, has left Ethereum struggling to maintain momentum.
Ethereum price crashed to a key support level on Monday, increasing the risk of further downside after invalidating a crucial bullish chart pattern. Ethereum (ETH) dropped to a low of $2,146, its lowest level since August last year.
A large DOGE transfer to Binance coincided with a 13% decline in DOGE price and a broader 15% drop in the meme coin market.
The recent fluctuations in the cryptocurrency market have seen Ethereum (ETH) experience a significant price drop, an event that may have been amplified by the strategic movements of the so-called “whale”. These large investors, through massive transactions, can influence market dynamics and contribute to more marked price variations.
The cryptocurrency market is experiencing a strong downtrend following a market-wide correction, leading to significant liquidations. However, investors see opportunities to acquire affordable assets before the anticipated altcoin season in February 2025.
Natasha Sarin, Yale University professor and former Treasury Department official under Janet Yellen, joins 'Squawk Box' to discuss news of Treasury Secretary Scott Bessent granting Elon Musk's DOGE team access to the federal government's payment system.
Ethereum saw $609 million in long and short positions liquidated, as it plunged to lows of $2,135 amid volatility metrics last seen in 2021.
After a huge crash, inspired by Trump's massive tariffs on Canada, Mexico, and China, the crypto market may have bottomed. Is now a good time to buy the leading layer 1s in $ETH, $SOL, and $SUI?
The entire cryptocurrency market has experienced a steep decline over the past 24 hours, with its total market cap plunging by double digits following a barrage of volatile price swings. Unsurprisingly, this sharp downturn has led to widespread liquidations among multiple assets within the past trading day.
A dormant Ethereum whale sold 77,736 ETH for $228M before the crash, triggering market panic and pushing ETH to key support levels.
Ethereum (ETH) has seen a sharp drop in its price, falling over 20% in just 24 hours and slipping below the critical $3,000 threshold. This sudden decline has raised concerns among investors, with many questioning whether this bearish trend will persist or if Ethereum will manage to recover.
Standard Chartered‘s Head of Digital Assets Research Geoffrey Kendrick on Monday advised against buying the dip in cryptocurrencies until outright back-end U.S. Treasury yields come lower. What Happened: In a note to Benzinga, Kendrick stated that the current sell-off differs significantly from the previous one.
Not long ago, Elon Musk announced that he will take Dogecoin (DOGE) to the moon. Fast forward to two weeks later, and the price of DOGE has lost 40% in a less than three-day span.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) suffered double-digit losses overnight as Bitcoin (CRYPTO: BTC) briefly slumped to $92,000. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2571 $38 billion -12.6% -17.6% Shiba Inu (CRYPTO: SHIB) $0.00001484 $8.7 billion -13.5% -16.8% PEPE (CRYPTO: PEPE) $0.059745 $4.09 billion -19.2% -21.4% Trade Notes: Crypto trader Tardigrade reassured that DOGE's pullback is part of a macro cycle.
Bitcoin is down by about 10% since Friday, hitting a low of $92,000 overnight as Asia trading began with it somewhat recovering to $95k.
The market has started with the dump of most of the coins, according to CoinMarketCap.
TL;DR The crypto market crash, triggered by Trump's 25% tariffs on Canada, Mexico, and China, led to a record $2.29 billion in liquidations, with Ethereum dropping 33% to a low of $2,100.
Ethereum (ETH), the second largest cryptocurrency, has not been cheaper in a pair with Bitcoin (BTC) in almost five years. It dropped close to the levels it was at when Bitcoin (BTC) was trading below $10,000.
The crypto market has been pummeled as Donald Trump's tariffs shock the markets, sending an array of assets spiraling. Bitcoin (BTC) is down nearly 7% over the past 24 hours after struggling to stay above $100,000.
Contrasting ETF fortunes, bitcoin ETFs experienced a weekly inflow of $560 million, while ether ETFs saw outflows of $45 million. Growing Investor Preference for Bitcoin ETFs Reflected in Reduced Capital Inflows for Ether ETFs Bitcoin and ether exchange-traded funds (ETFs) experienced mixed fortunes in the last trading week of Jan. 2025.
Amid the broader market downturn, user activity on the Layer-1 (L1) network Ethereum has plummeted to its year-to-date low. This comes as the value of Ethereum's native token, ETH, sinks below the $3,000 mark for the first time since November.
Over the weekend, the crypto market has seen a massive bloodbath probably the biggest crash ever, with $2.24 billion wiped out in just 24 hours. Ethereum took the hardest hit, falling below $3,000 and causing over $600 million in liquidations.
The last time DOGE's price was trading that low was in November last year.
The cryptocurrency market suffered one of its worst liquidation events in history, wiping out over $2.24 billion in the last 24 hours amid escalating global trade tensions.
Ethereum's price has experienced a massive crash today, sending shockwaves throughout the crypto market. Many investors are now wondering whether this is the beginning of a new bear market or a substantial short-term liquidation event.
The DEX Raydium has just surpassed its rival Uniswap in terms of volumes recorded during the month of January.
The general crypto market has experienced a strong downward movement. Ethereum is no exception to this bearish development since the digital asset has experienced a pullback below key support levels.
DOGE faces threats from major sell-offs by whales in the market.
Data shared by Whale Alert blockchain sleuth, which monitors large cryptocurrency transfers and then shares the details on its website and X account, spreads the word that over the past three hours a staggering amount of DOGE meme coins has changed hands.
TCY tokens will be distributed at a rate of 1 TCY per dollar of defaulted debt, turning lenders and savers into equity holders.
Ethereum (ETH) had one of its biggest liquidation events since August 2024, stress-testing both centralized markets and DeFi. Whales moved in to buy the dip, offsetting some of the selling from older wallets.
Federal Reserve chair Jerome Powell has flung the door open for Wall Street to further adopt bitcoin and crypto
Ethereum (ETH) has experienced its largest daily loss in four years, plummeting by nearly 27% in a single 24-hour period. This decline brought the price of ETH down to just above $2,100 before a slight recovery to around $2,544 at press time.
Ethereum (ETH) has recently seen a wave of investor attention, despite a continued downward trend in the broader cryptocurrency market. As cryptocurrency prices across the board have been tumbling, Ethereum has experienced a notable shift: a significant outflow of $200 million worth of ETH from exchanges.