Ethereum price crashed to a key support level on Monday, increasing the risk of further downside after invalidating a crucial bullish chart pattern. Ethereum (ETH) dropped to a low of $2,146, its lowest level since August last year.
As risk-off sentiment takes hold, the cryptocurrency market has suffered one of its largest liquidation events in history, erasing over $2.24 billion in just 24 hours.
Ethereum saw $609 million in long and short positions liquidated, as it plunged to lows of $2,135 amid volatility metrics last seen in 2021.
A dormant Ethereum whale sold 77,736 ETH for $228M before the crash, triggering market panic and pushing ETH to key support levels.
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.
Standard Chartered‘s Head of Digital Assets Research Geoffrey Kendrick on Monday advised against buying the dip in cryptocurrencies until outright back-end U.S. Treasury yields come lower. What Happened: In a note to Benzinga, Kendrick stated that the current sell-off differs significantly from the previous one.
Bitcoin is down by about 10% since Friday, hitting a low of $92,000 overnight as Asia trading began with it somewhat recovering to $95k.
The market has started with the dump of most of the coins, according to CoinMarketCap.
TL;DR The crypto market crash, triggered by Trump's 25% tariffs on Canada, Mexico, and China, led to a record $2.29 billion in liquidations, with Ethereum dropping 33% to a low of $2,100.
Ethereum (ETH), the second largest cryptocurrency, has not been cheaper in a pair with Bitcoin (BTC) in almost five years. It dropped close to the levels it was at when Bitcoin (BTC) was trading below $10,000.
The crypto market has been pummeled as Donald Trump's tariffs shock the markets, sending an array of assets spiraling. Bitcoin (BTC) is down nearly 7% over the past 24 hours after struggling to stay above $100,000.
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.
Amid the broader market downturn, user activity on the Layer-1 (L1) network Ethereum has plummeted to its year-to-date low. This comes as the value of Ethereum's native token, ETH, sinks below the $3,000 mark for the first time since November.
Over the weekend, the crypto market has seen a massive bloodbath probably the biggest crash ever, with $2.24 billion wiped out in just 24 hours. Ethereum took the hardest hit, falling below $3,000 and causing over $600 million in liquidations.
The cryptocurrency market suffered one of its worst liquidation events in history, wiping out over $2.24 billion in the last 24 hours amid escalating global trade tensions.
Ethereum's price has experienced a massive crash today, sending shockwaves throughout the crypto market. Many investors are now wondering whether this is the beginning of a new bear market or a substantial short-term liquidation event.
The DEX Raydium has just surpassed its rival Uniswap in terms of volumes recorded during the month of January.
The general crypto market has experienced a strong downward movement. Ethereum is no exception to this bearish development since the digital asset has experienced a pullback below key support levels.
TCY tokens will be distributed at a rate of 1 TCY per dollar of defaulted debt, turning lenders and savers into equity holders.
Ethereum (ETH) had one of its biggest liquidation events since August 2024, stress-testing both centralized markets and DeFi. Whales moved in to buy the dip, offsetting some of the selling from older wallets.
Federal Reserve chair Jerome Powell has flung the door open for Wall Street to further adopt bitcoin and crypto
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.
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.
The crypto market faced a major sell-off early Monday with the majority of digital assets taking a huge hit. In derivatives markets, over $2.2 billion of bullish crypto positions were liquidated over 24 hours, CoinGlass stated in an X post on Monday, highlighting it as the "biggest crypto crash.
The crypto market is experiencing a downward push, with its market cap down by 7.6%, currently at $3.12 trillion. Top altcoins including ETH are crashing, aligning with broader market trends.
A cryptocurrency trader has made nearly $16 million in unrealized profits by leveraging a 50x short position on Ethereum.
Buying the dip after a massive liquidation flush and higher demand for stablecoin could fuel growth in bitcoin and the broader crypto market, some say.
Ether's DVOL spiked above 100% during Asian hours as the crashing price saw traders chase put options.
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.
Ethereum's price dropped 20% to $2,500 following Trump's trade tariff announcement, triggering massive liquidations while some analysts and whales view the dip as a buying opportunity.
Ethereum Classic (ETC) is beginning to attract more attention from investors. Rising trading volume and increased investor interest have positioned ETC as a potential alternative to Ethereum (ETH), which has been facing mounting challenges recently.
Ethereum's price plunges over 20%, falling below key support levels, sparking bearish sentiment among investors.
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.
The crypto industry has been reacting to the short-term market uncertainty induced by tariff wars, which were kickstarted by US President Donald Trump against major global economies.
Monochrome has registered its Bitcoin and Ethereum ETFs in Singapore, targeting accredited investors, and aims to expand regionally by 2025.
On-chain data reveals two Ethereum wallets, inactive for six years, suddenly moved millions to Bitfinex—just before prices took a nosedive.
Over 730,000 traders faced liquidations as Ether led the market plunge. Analysts compared the impact with the FTX collapse and COVID-19 crash.
The DeepSeek shock waves had just settled across the markets; Trump's tariff war caused havoc within the crypto space.
Ethereum has been on a downward trend for nearly six weeks, falling below the $4,000 mark on Dec. 16, 2024.
Ethereum has suffered a sharp decline, plunging nearly 20% in the last 24 hours and currently trading around $2,500.
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.
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.
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.