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“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.
A cryptocurrency wallet tied to ZKasino, a decentralized gambling platform, has lost over $27 million after a risky trade was wiped out during a drop in Ethereum's ETH price.
Bitcoin (BTC) and the crypto markets plunged on Monday morning (Asia). The week started with a bloodbath as Donald Trump's tariffs decimated the global stock markets.
An account linked to ZKasino, a gambling platform that stole more than $30 million from its users in 2024, lost $27.1 million after closing a long position on Hyperliquid.
An Ethereum ETH holder lost a large amount of funds after a price drop triggered an automatic liquidation on the lending platform Sky.
An Ethereum whale has taken a massive financial hit, losing over $100 million after the cryptocurrency's price plunged by 14% on April 6.
The value of the leading altcoin, Ethereum, has plunged to its lowest point since March 2023, signaling a steep decline in market confidence. This has happened amid the broader market's downturn, which was exacerbated by Donald Trump's Liberation Day.
The crypto market's downturn, exacerbated by global tariff concerns, highlights its vulnerability to geopolitical tensions and economic policies. The post Bitcoin struggles below $77K, Ether, XRP, and Solana deepen declines ahead of US market opening appeared first on Crypto Briefing.
Ethereum has faced a sharp decline, breaking below multiple key support levels. Market sentiment remains bearish, with further corrective consolidations likely to precede deeper declines.
A wallet linked to the $40 million ZKasino scam lost more than $27 million after a leveraged position was liquidated, marking what some in the crypto community are calling a dose of karmic justice.ZKasino launched in April 2024, luring investor capital by promising an airdrop of its native token to users who bridged Ether (ETH) to the platform. However, instead of returning the funds, ZKasino transferred around $33 million in user ETH to the staking protocol Lido Finance.
The cryptocurrency market experienced a staggering $1.42 billion in liquidations over the past 24 hours, driven by a sharp decline in major digital assets following President Donald Trump's tariff policies and a broader market sell-off. What Happened: Bitcoin (CRYPTO: BTC) fell 7.5%, currently trading at around $76,650, while Ethereum (CRYPTO: ETH) dropped 17%, XRP (CRYPTO: XRP) 15%, and Solana (CRYPTO: SOL) and Dogecoin (CRYPTO: DOGE) both shed 16%.
The notorious ‘Hyperliquid 50x whale' is back in action with a newly formed long position of 47,253 ETH leveraged at 20x. The trader has gained a profit of nearly $2 million.
An Ether whale loses $106M after liquidation on Sky protocol during a 14% market crash, highlighting the risks of DeFi collateralization amid Ethereum's steep price decline and broader crypto market turbulence. The post ETH Investor Faces $100M Loss After Sky DeFi Liquidation Amid Market Crash appeared first on Cryptonews.
As the bloodbath in stocks and crypto assets continues, the top layer 1 cryptocurrencies are coming down to critical support. Will this hold, or will the crash persist?
On a morning when the charts turned red before the coffee even cooled, Ethereum (ETH) found itself in territory not seen since the end of 2023, dipping below $1,500. The 16.3% drop over the past week puts the major altcoin behind the general crypto market's decline of 9.5%.
"The uncertainty dragged Solana and Ethereum into a steep downtrend," an expert told Decrypt, saying current trading "smells of profit-taking."
TL;DR Ethereum drops 15% to the $1,500 range: Market volatility intensifies as whales swing between panic selling and quick dip buying. Massive DeFi liquidations triggered: Over $1.1 billion in ETH faces forced sell-offs on various lending platforms.
A well-known whale that shorted Ethereum (ETH) on Hyperliquid is now returning with a 20X leveraged long position, betting on an ETH price recovery.
Ethereum has extended its downtrend, setting fresh lows around $1,400 — a level not seen since early 2023. The continuation of selling pressure has shaken market sentiment, with many investors fearing that the worst is still ahead.
Ethereum (ETH) dropped 19.43% in 24 hours, hitting $1,452. Market cap fell to $175.31B while volume surged 405% to $32.31B.
Ethereum has dropped about 20% over the past 24 hours, falling below $1,500 for the first time since March 2023. Ethereum (ETH) is trading at $1,476 at the time of press, having recorded a 24-hour high of $1799.
