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news-imageApril 12, 2025

Ethereum ETFs shed asset as ETH/BTC price plummets

Spot Ethereum exchange-traded funds continued shedding assets as US recession risks rose and its price crashed. SoSoValue data shows that spot Ethereum (ETH) ETFs shed assets in the last seven consecutive weeks.
Publisher: Crypto news
Sentiment: Negative
BTC
ETH

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Positive
cover-imageBitcoin
April 12, 2025

Bitcoin Rises, Solana Surges as Crypto Market Ends the Week in the Green

The cryptocurrency market experienced a volatile week, influenced by global economic factors like trade war concerns and the pause on the U.S. tariff policy. While bitcoin saw a slight gain, solana, avalanche, and hedera showed significant price fluctuations, recovering from initial drops. Ethereum, however, suffered a substantial loss, failing to rebound like other top cryptocurrencies.

Negative
cover-imageCoinPedia
April 12, 2025

Will Ethereum Price crash More Next week?

Ethereum is under pressure as U.S.-based ETFs linked to it have seen outflows for seven weeks in a row. Just this week, nine Ethereum ETFs lost a total of $82.47 million. This steady withdrawal of funds has taken a toll on ETH's price, which dropped 10% in the last week.

Neutral
cover-imageBitcoin
April 12, 2025

Bitcoin Rebounds on Tariff Relief, But Bullish Drought Persists: Cryptoquant

Crypto prices surged after a temporary U.S. tariff halt, yet bullish momentum remains subdued, Cryptoquant researchers report. Bitcoin clawed back losses at a critical technical support level, but weak investor sentiment signals caution ahead. Bitcoin's $76K Support Holds, But Bull Index Flashes Red Cryptocurrency markets rallied sharply on April 9 after U.S.

Negative
cover-imageBitcoinist
April 12, 2025

Bitcoin's Impact Alarming, Says NY Atty. General—Congress Needs To Act

New York Attorney General Letitia James issued a warning to US congressional leaders regarding regulation of cryptocurrency, particularly how Bitcoin and other virtual currencies could erode the US dollar's position around the world. She urged stronger federal regulations to protect investors from fraud and criminal use in the cryptocurrency market.

Positive
cover-imageCoinPedia
April 12, 2025

Bitcoin's Next Breakout? Experts Say $200K Is Long Overdue

Despite global economic uncertainty and a series of market shocks, several leading voices in the cryptocurrency space say Bitcoin is on the verge of a massive breakout—one that could take most investors by surprise. Samson Mow, CEO of Jan3 and a longtime Bitcoin advocate, recently expressed astonishment that Bitcoin is still trading under $100,000.

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