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news-imageFebruary 3, 2025

Ethereum (ETH) logs worst single-day drop in four years, shaking crypto markets

Ethereum (ETH) has experienced its largest daily loss in four years, plummeting by nearly 27% in a single 24-hour period. This decline brought the price of ETH down to just above $2,100 before a slight recovery to around $2,544 at press time.
Publisher: Invezz
Sentiment: Negative
ETH

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Negative
cover-imageThe Currency Analytics
February 3, 2025

Ethereum Price Drops Below $3,000 Amid Bearish Market Sentiment

Ethereum (ETH) has seen a sharp drop in its price, falling over 20% in just 24 hours and slipping below the critical $3,000 threshold. This sudden decline has raised concerns among investors, with many questioning whether this bearish trend will persist or if Ethereum will manage to recover.

Positive
cover-imageBitcoin
February 3, 2025

ETF Weekly Recap: Bitcoin ETFs See $560 Million Inflows While Ether ETFs Face $45.51 Million Outflows

Contrasting ETF fortunes, bitcoin ETFs experienced a weekly inflow of $560 million, while ether ETFs saw outflows of $45 million. Growing Investor Preference for Bitcoin ETFs Reflected in Reduced Capital Inflows for Ether ETFs Bitcoin and ether exchange-traded funds (ETFs) experienced mixed fortunes in the last trading week of Jan. 2025.

Negative
cover-imageThe Currency Analytics
February 3, 2025

Ethereum Sees $200 Million Outflows Amid Market Dip

Ethereum (ETH) has recently seen a wave of investor attention, despite a continued downward trend in the broader cryptocurrency market. As cryptocurrency prices across the board have been tumbling, Ethereum has experienced a notable shift: a significant outflow of $200 million worth of ETH from exchanges.

Negative
cover-imageBenzinga
February 3, 2025

Peter Schiff Highlights 'Crypto Winter' Prediction By 'Punxsutawney Phil' As Bitcoin And Ethereum Plunge

Renowned economist Peter Schiff commented on Bitcoin's (CRYPTO: BTC) market slump on Sunday, drawing an unusual analogy with “soothsayer” groundhog “Punxsutawney Phil's” prolonged winter prediction. What Happened: Schiff took to X to point out the large drop in the value of Bitcoin and Ethereum (CRYPTO: ETH), the two biggest cryptocurrencies by market capitalization.

Positive
cover-imageCoingape
February 3, 2025

4 Ethereum Tokens Defying the Bear Market with 10% in Gains

In response to President Donald Trump's recent tariff declarations targeting Canada, Mexico, and China, the worldwide economy has been disturbed by fears of increasing trade conflicts. This chaos has spread into the cryptocurrency markets, where major cryptocurrencies like Bitcoin and Ethereum have seen considerable declines.

Negative
cover-imageThe Currency Analytics
February 3, 2025

Ethereum Bears Eye Drop Below $3K Amid Struggles

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.

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