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The crypto market soared in 2024 but Ethereum (ETH -4.57%) lost some steam in the second half. Looking back from February 25, the smart contract platform is down 27% since the middle of last summer.
Even though the market remains bearish, the prices of some coins have returned to the green zone, according to CoinStats.
Donald Trump's trade war tariffs have triggered significant volatility in crypto markets this week, leading to a decline in Ethereum's value. At press time, the leading altcoin is trading at $2,347, a low last recorded in November.
Litecoin is slowly becoming more popular among market participants ever since it displayed disparity with the other top cryptos. The price has been trying hard to break above the resistance that has been held for over a couple of years.
Ethereum faces significant selling pressure, but key support levels and network activity suggest potential recovery.
The crypto market suffered a further decline in early trading, with the market cap declining by nearly 3% and settling at $2.84 trillion. Bitcoin (BTC) and other cryptocurrencies registered substantial declines, with fears of a further decline driving investors to safe-haven assets.
Ethereum has recently experienced a significant downturn, prompting major holders of the cryptocurrency to sell off large quantities of their holdings.
The crypto market has seen a bloodbath throughout February, with Bitcoin plunging to its 2021 low and trading at $86K while the second largest altcoin Ethereum is also facing intense turbulence. ETH dropped below $2,500 after a massive $1.5 billion hack on Bybit, allegedly led by North Korea's Lazarus group, triggering a 25% price crash.
After the failure of the first test, the date for the second has been decided.
Ethereum (ETH) has faced its most intense selling pressure in 18 months, plunging to $2,428 after a 2.53% daily decline. The surge in trading volume signals potential further downside, echoing a similar market correction in August 2025.
The Ethereum Foundation (EF) is donating more than a million dollars to help Tornado Cash developer Alexey Pertsev with his legal defense. The contribution follows the developer's supervised release to prepare to appeal his money laundering conviction in the Netherlands.
Ethereum might plummet below $1,000 before a potential price rise. The chart suggests that Ethereum's long-term uptrend is unlikely to come until it hits an ascending trading range.
Ethereum (ETH) has been experiencing significant price fluctuations, and recent actions by major investors are raising questions about the right moment to enter the market. One notable transaction involves the “7 Siblings” wallet, which made a substantial purchase of 12,070 ETH for approximately $28.75 million at a price of $2,382 per token.
Losses in crypto markets mirrored those in U.S. equities after lesser-than-expected earnings from technology stalwart Nvidia failed to wow investors.
With whales continuing to dump ETH and spot Ethereum ETFs reporting large net outflows, Ethereum is under increasing sell pressure. According to SoSoValue data, U.S. Ethereum (ETH) spot ETFs saw $94.3 million in net outflows on Feb. 26.
Bitcoin Denver, brought together by leading dev house Boosty Labs under their new event series “BTC_U_There,” is set to bring 30 speakers, 50 hand-selected hackathon participants, and a curated audience of 200+ builders, founders, VCs, and BTC OGs under one roof for one day only.
Ethereum whales have resolved to panic selling as per the on-chain data after ETH price failed to hold crucial support levels, dropping another 7% today and slipping under $2,300. As market sentiment weakens, whales have offloaded millions of dollars worth of ETH during the past week.
This Friday, 28th February 2025, The Onchain Summit will take place, bringing together teams from a wide range of innovative crypto projects. The event will feature an engaging program, with well-known projects like Venus and THENA hosting the event and showcasing their contributions to the blockchain space.
BNB Chain announces the BNB Incubation Alliance event at ETH Denver 2025, fostering collaboration and innovation in blockchain development. The event includes panel discussions, startup pitches, and networking opportunities.
Cryptocurrency markets took a sharp hit today as Bitcoin (BTC) plunged to an intraday low of $82,000, while Ethereum (ETH), Solana (SOL), and XRP extended their losses, falling between 3% and 7%.
Crypto prices today (February 27): Bitcoin (BTC) price swooped to a $82K low intraday, primarily continuing to face macro heat. Simultaneously, Ethereum (ETH), Solana (SOL), and XRP prices also mimicked a downtrend, losing 3%-7%.
Ethereum price started a fresh decline from the $2,450 resistance zone. ETH is now consolidating losses and might face hurdles near $2,400 and $2,450.
Ethereum (ETH) has experienced a significant drop of nearly 10% on February 25, 2025, pushing its market capitalization below the $295 billion mark for the first time since November 2024. The decline in price has been driven by a combination of factors, including bearish sentiment in the broader crypto market, reduced whale activity, and oversold technical indicators.
After breaking below an ascending moving average, XRP dropped to $2.24, indicating that momentum on the asset is growing, but in the wrong direction for bulls. Unfortunately, the cryptocurrency is entering a sustainable downtrend, and things might get even worse for the price in the foreseeable future.
