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Major cryptocurrencies are staging a slight recovery after a brutal Monday sell-off. The broader downturn in digital assets continues to mirror turbulence in traditional markets, as investors react to escalating geoeconomic tariff conflicts.
A crypto whale with a $340 million position in Ethereum is making quick moves to prevent a liquidation as ETH plummets in value.
Bitcoin (BTC) made a sharp comeback and is trading near the $78,000 level. The largest cryptocurrency by market capitalization tumbled below the psychological support of $80,000 after the US stock futures market opened sharply lower on April 6.
During a recent CNBC interview, Acting SEC Chairman Mark Uyeda clarified that Bitcoin and Ethereum are not securities, referencing the assessment made by former Chair Gary Gensler.
Donald Trump announced a promised list of trade duties, stablecoin legislation advanced in the U.S., the Ethereum network regained the lead in trading volume on the DEX and other events of the past week.
Ethereum whales went bargain hunting, buying up $60M worth of ETH as prices crashed to 2023 levels in a show of long-term confidence.
In the ongoing tariff war between the United States and other countries, the cryptocurrency market has significantly plummeted. Amid this, Ethereum (ETH), the second-largest cryptocurrency, is on the verge of a major crash.
ETH just dropped below $1,550 as the market panics over global tariffs. Can it bounce back, or is a fall to $1,200 or even $1,000 coming soon?
The alleged scammer behind the ZKasino rug pull has reportedly lost over $27 million in a high-risk Ethereum trade as crypto market turbulence continues to catch overleveraged traders. On April 7, blockchain analytics platform Onchain Lens revealed that the scammer had exited a 20x leveraged long position on ETH using the Hyperliquid trading platform.
An attacker who stole more than $40 million through fraudulent project ZKasino liquidated a long position in Ethereum (ETH) with 20x leverage on Hyperliquid.
Ethereum faced heightened selling pressure for a lengthy period due to the volatility in the broader crypto market, causing its price to undergo a sharp pullback close to the $1,400 mark.
Ethereum (ETH), the second-ranked cryptocurrency by market capitalization, has been facing bearish pressure as its price plummets. ETH crashed below the critical support levels of $1,700 and $1,600 as the market continued to experience pressure from the trade tariff fallout.
Traders rushed to protect leveraged bets on protocols like Sky as ether dropped to FTX-bear market levels and macro factors weighed heavy on crypto markets.
Bitcoin critic Peter Schiff has revealed grim predictions for the Ethereum price, tipping the second-largest cryptocurrency to see new lows. Schiff says the broader selloff affecting Ethereum will worsen in the coming days and can push prices below $1,000 Peter Schiff Sees Ethereum Price Tumbling Below $1,000 As the market reels from the bloodbath over
The global cryptocurrency market shed over the weekend $300 billion in value, plunging from $2.75 trillion to as low as $2.35 trillion following the announcement of President Donald Trump's sweeping global tariffs.
Eric Trump, son of the sitting United States president, made a relatively unexpected endorsement of Ethereum (ETH) back on February 3. The executive vice president of the Trump Organization did so by means of a post on X.
Whales seem to be moving away from the first altcoin as well.
A Hyperliquid whale places a bold $70.3M Ethereum long with 20x leverage amid market turmoil, defying widespread liquidations and showcasing high-stakes trading during Ethereum's steep price decline. The post Hyperliquid Crypto Whale Bets $70.3 Million on Ethereum Long Amid Market Slump appeared first on Cryptonews.
Ethereum has dropped by 15.2% in the past 24 hours and currently sits at $1,497 per token as President Donald Trump's tariff announcement triggered a dramatic sell-off across all asset classes.
As markets reel from the escalating trade war sparked by U.S. President Donald Trump's sweeping tariffs, crypto analysts and industry leaders are warning that the turbulence may reshape the digital asset landscape—well beyond the current sell-off. What Happened: More than $800 million in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) liquidations have occurred in just the past 24 hours, according to data cited by QCP Capital, as Bitcoin briefly dropped below $75,000 and volatility spiked.
“Black Monday” rocked the short-term Ethereum price outlook, but supply on exchanges has now fallen to its lowest since mid-2024, setting the stage for a potential supply squeeze.
The stock and crypto market continued selling off on Monday as fear spread globally. Bitcoin (BTC) price crashed to $75,000, while Ethereum (ETH) retested the crucial support at $1,500 for the first time since 2023.
Global stocks are crashing for the third day in a row with Japan's Nikkei and China's Shcomp down 8% today in one of the worst performance in global markets, perhaps in history.
Ethereum is facing renewed downward selling pressure, with the entire crypto market entering a fresh downtrend in the past 24 hours. This renewed selling pressure has seen the Ethereum price lose a strong support level at $1,800, causing it to fall by about 14.5% from its price 24 hours ago at the time of writing.
