Ethereum has suffered a sharp decline, plunging nearly 20% in the last 24 hours and currently trading around $2,500.
The Bitcoin Kimchi Premium index has hit a three-year high due to economic factors like the strong U.S. Dollar or global trade war fears.
Ethereum's price plummeted to a nearly five-month low of around $2,300 on Monday morning in Asia as the specter of a global trade war triggered a risk-off sentiment, unsettling investors. Ethereum (ETH) fell 23.
The cryptocurrency market has currently drifted into the severe red zone and There's been a significant drop in altcoins, especially with Ethereum, XRP, ADA and others seeing massive liquidations in minutes. A staggering $2 billion worth of liquidations have happened within 24 hours.
Bitcoin has recently shown signs of a rounding top pattern, marked by a 6.4% decline over the last 24 hours. This pattern was validated when BTC fell to $90,000 during an intra-day low, triggering panic selling.
Charles Hoskinson, the founder of Cardano (ADA) and CEO of Input Output Global (IOG), delivered a wide‐ranging AMA on February 2, 2025, covering potential partnerships with the Internet Computer Protocol (ICP), Cardano's stablecoin strategies, Bitcoin interoperability, and ongoing initiatives with various countries.
US spot Bitcoin ETFs saw inflows totaling nearly $5 billion in January, a strong start that could push them toward $50 billion or more by the end of the year, according to Bitwise CIO Matt Hougan. The post US Spot Bitcoin ETFs See $5B Inflows in January, Could Surpass $50B in 2024: Bitwise CIO appeared first on Cryptonews.
Ethereum's price has been in a downward spiral for several weeks, with the digital asset continuing to face challenges as it struggles to maintain above key support levels. As the market turns bearish, many traders are predicting Ethereum's value could drop below the $3,000 mark.
According to analytics platform Lookonchain, a dormant Ethereum whale recently woke up from hibernation after six months of inactivity.
A project that describes itself as an onchain MicroStrategy for Ethereum blamed a UI fault that caused users to send 165 ETH to the wrong address, while El Salvador has a new disappearing Satoshi Nakomoto statue.
Bitcoin's (BTC) price fell to $91,180, reflecting a drop of 10% in the last 24 hours, and now there are growing fears that it could fall even further. According to Derive.xyz, the on-chain options market shows a 22% chance that Bitcoin could plummet to $75,000 by March 28.
Ethereum (ETH) experienced a sharp sell-off over the weekend and has dropped below the $3,000 psychological level. This collapse has triggered $613 million in liquidations in the past 30 hours.
Bitcoin and Ethereum plummeted after Trump's tariff shock, sparking over $2.21B in liquidations. BTC nears key support at $93.8K, while ETH holds strong above 2,150.
Bitcoin ETFs are on track to surpass $50 billion in inflows by the end of 2025, fueled by strong institutional adoption and record-breaking demand.
The market for cryptocurrencies is under heavy stress. Slipping below the $100,000 level, Bitcoin has been battered by economic uncertainty brought on by US President Donald Trump's new wave of tariffs.
Senator Cynthia Lummis has stated that the Strategic Bitcoin Reserve could serve as a financial safeguard and a means to address past generations' fiscal mismanagement.
Utah could be the first US state to invest in Bitcoin reserves.
BTC plunged to under $92,000 a few hours ago.
Ethereum (ETH) has been showing signs of a potential breakout, with some analysts predicting a price surge of up to 200%. Despite a relatively quiet performance in recent months, technical indicators and market behavior are starting to align with patterns seen before previous rallies.
Trump's new trade tariffs could weaken the US dollar over time, potentially driving Bitcoin prices higher as investors seek alternative stores of value.
Ether, Cardano, Avalanche, XRP, Chainlink and Dogecoin all dropped over 20% over the past 23 hours after US President Donald Trump imposed his first round of tariffs.
The cryptocurrency market, led by Ethereum (ETH) and Bitcoin (BTC), shed more than $500 billion in net valuation since Friday to hover about $3.16 trillion on Monday, February 3, during the early Asian session. Following the heavy deleveraging in the crypto market, more than $2.
Bitcoin's (BTC) transaction activity has recently fallen to its lowest levels since March 2024, signaling a notable dip in network movements. Despite this reduction in transaction count, overall interest in Bitcoin remains strong, with activity still above the peak levels observed in 2022.
Singapore is opening its doors to Australian crypto ETFs as institutions eye a regulated entry into a turbulent crypto market.
Trump's new tariffs prompted crypto investors to cut risk, causing Ether to plunge 26% and Bitcoin to fall sharply below $100,000. The post Trump Tariffs Stir Crypto Sell-Off With Ether Tumbling Over 26% appeared first on Cryptonews.
ETH is showing technical patterns that could lead to a 200% price surge as historical cycles align.
Ether got wrecked. The second-biggest crypto by market cap plunged 26.53% on Monday in Asia, falling to $2,135, according to Bloomberg data.
The probability has doubled from last week as the renewed trade war between the U.S. and its major trading partners threatens to inject inflation into the global economy.
Bitcoin plunged 10% on Monday, hitting $91,695.8, as a wave of selling swept through the crypto market. The sharp decline followed U.S. President Donald Trumps decision to impose trade tariffs on China, Canada, and Mexico, sparking fears of a renewed trade war.
South Korea's bitcoin premium index, aka “kimchi premium,” reached a 10-month high on South Korean exchanges and remained stable amid a major global market dip. On Monday morning in Asia, the Korea Premium Index rose to 9.7%, marking its highest since April 14, 2024.
Ethereum remains the top choice for developers followed by Solana and Base, as per OKX's latest report.
Bitcoin (BTC) has become a central focus for many cryptocurrency investors, and it's no surprise why. After a rollercoaster year in 2024, Bitcoin's price is showing signs of potential growth.
Cryptocurrency prices crashed hard on Monday, continuing their recent trend, and leading to substantial liquidations. Bitcoin moved from the year-to-date high of $109,200 in January to below $93,000.
Bitcoin transaction count dipped to the lowest despite increased bullish market signals.
After President Donald Trump targeted China, Mexico, and Canada with long-threatened import taxes, the crypto market fell on Feb. 1 in a risk-off action. Bitcoin's price fell by 5%, which has rippled its way into altcoins.
Market jitters rise as US tariffs drive XRP lower. Will the SEC's next move spark a recovery or deepen losses?
Ethereum price started a fresh decline below the $3,000 zone. ETH is down over 25% and the bears seem to be in control below $2,770.
Bitcoin tanked. It hit $92,681 less than an hour ago before bouncing slightly to $93,831.
Bitcoin (BTC) price traded as low as $91,231 on Binance on Monday Morning, as crypto markets buckle under pressure from escalating trade tariff war involving the United States. Bitcoin (BTC) Plummets to $91K as Crypto Market Liquidations Hit $1.8 Billion Bitcoin (BTC) plunged below the $91,200 mark on February 3, its lowest level in 20
Ethereum (ETH) has recently made notable moves in the market, recording a 1.86% increase in price over the past day. While the altcoin has experienced a downward trend since December 2024, including some significant losses following its peak at the $4,000 mark, underlying market activity suggests a potential shift in momentum.
On February 3, the bears gripped the cryptocurrency market, as investors were reacting to Trump's sweeping tariifs. The global crypto market cap crashed by over 12% to $3.01 trillion. Donald Trump's decision to immediately impose tariffs on Canada, Mexico, and China sent shockwaves through the crypto markets.
Bitcoin price started a fresh declined below the $100,000 zone. BTC is down close to 10% and might test the $90,000 support zone.
One analyst said kimchi premium can be seen during periods of panic selling when selling pressure is lower on South Korean exchanges.
Bitcoin's price fluctuations often drives intense debate among investors, but Robert Kiyosaki, the author of Rich Dad Poor Dad, has a different take. Despite the recent downturn in Bitcoin's value, Kiyosaki remains unphased.
Bitcoin is approaching a key support level at $90,000, raising concerns about potential downside risks. After reaching a local high of $109,000, the price has struggled to establish a new peak, signaling weakness in the market.
XRP fell 10.40% on Sunday, trading at $2.6573 by 12:25 (17:25 GMT) on the Investing.com Index. This marked its steepest one-day drop since December 9, 2024.
Ethereum tumbled 10.07% to $2,933.47 on Sunday, marking its biggest single-day loss since August 5, 2024. The sharp drop reduced its market cap to $354.13 billion, accounting for 18.59% of the total cryptocurrency market.