Ethereum (ETH) Price: Drops 20% as Sentiment Reaches Yearly Low
Ethereum faces bearish sentiment and price pressure but analysts see potential for a rebound if crypto markets stabilize.
Keep up with what's happening in the crypto world in real-time.
Ethereum faces bearish sentiment and price pressure but analysts see potential for a rebound if crypto markets stabilize.
The crypto market slid back into the red as it declined over 4%, slipping below the $3 trillion mark and moving to its current $2.87 trillion. Bitcoin (BTC) is down nearly 5% despite Donald Trump's announcement of a strategic reserve consisting of Bitcoin.
Ethereum sees bearish social sentiment, signaling a potential turnaround per Santiment data. ETH price drops 20% in a month, trades at $2,175 with bearish technical indicators dominating.
As Ethereum strengthens its network and Chainlink expands its dominance, investors are turning to BitLemons, a revenue-generating crypto with deflationary tokenomics. #partnercontent
Ethereum shows signs of a potential rally as whales accumulate 1.1 million coins amid historically low sentiment and technical indicators pointing to undervalued conditions.
Today, more than $3 billion in Bitcoin and Ethereum options are set to expire.With $2.5 billion in BTC and nearly $500 million in ETH contracts set to settle, all eyes are on how these moves will impact market prices.
The crypto ecosystem is going through an expansion cycle where competition among blockchains is intensifying, especially in the decentralized exchanges (DEX) market. Indeed, long dominated by Ethereum, this sector is seeing the emergence of a significant competitor: Solana, whose trading volumes briefly surpassed those of Ethereum in February.
Ethereum is facing a major setback in the development of its upcoming update, Pectra. Following a series of issues that paralyzed the Holesky testnet, Ethereum developers decided to launch a "shadow testnet.
Solana's decentralized exchange (DEX) volumes remain competitive with Ethereum's ecosystem despite a sharp decline in meme coin trading activity.
The crypto market is buzzing with the anticipation of today's White House crypto summit. However, after President Donald Trump announced changes to the proposed crypto strategic reserve, speculation is rife over whether this summit will crash Ripple, Ethereum, Cardano, and Solana prices.
Solana DEX volumes have been consistently high, and there are a number of reasons behind it.
Ethereum's total value locked dropped 27% to $97 billion in February, as the broader decentralized finance sector fell from $217 billion to $168 billion amid liquidity outflows.
Ethereum whales have been aggressively buying the ETH price dips while adding a total of 1.1 million coins within just the past 48 hours. Following President Donald Trump's signing of the executive order for the US strategic reserve, ETH has seen a 6% drop today amid the broader market correction.
According to a key on-chain indicator, Ethereum (ETH) may be undervalued at its current market price. The last time ETH was this undervalued was in October 2023, after which it experienced a 160% rally.
Today, over $3 billion worth of Bitcoin and Ethereum options expire. It will see over $2.5 billion worth of BTC and nearly $500 million worth of ETH contracts settled.
Ethereum price is struggling, and ETH holders are getting frustrated. Many expected a strong bounce, but the market is still slow. As ETH moves without real gains, traders are looking for better options. That's why DTX Exchange is getting a lot of attention. The token is still in presale at $0.
VanEck highlights Solana's resilience as DEX volumes surpassed Ethereum's, despite an 80% drop in meme coin trading.
Here's why crypto VC Synacracy Capital is bullish on HYPE despite the +50% pullback.
Ethereum price failed to clear the $2,320 resistance and trimmed gains. ETH is now consolidating and facing hurdles near the $2,220 resistance.
Douro Labs CEO Mike Cahill tells Cointelegraph that if the crypto markets stabilize, Ether is well-positioned to benefit from renewed liquidity and continued institutional interest.
Ethereum (ETH) continues to face turbulence, struggling to maintain stability after sharp price swings. Currently trading around $2,287, ETH has shown a modest recovery from the $2,100 support level.
Ethereum has just recorded a major shift in investor sentiment with $20 million in spot inflows, following a string of 10 consecutive days of outflows. This marks a potential turning point for the world's second-largest cryptocurrency, as it rebounds ahead of the upcoming White House Crypto Summit on March 7, 2025.
Although XRP has made recent attempts to break through the $2.50 barrier, it is still unclear if it will be able to maintain this level. A confirmed breakout is far from certain based on the price action even though the asset has demonstrated some resilience in recent sessions.
A meme coin launchpad has suffered a major security breach, with an insider allegedly siphoning off thousands of dollars worth of cryptocurrency. Related Reading: Crypto Crackdown Or Clarity?
