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.
Here's why BTC could be poised for an additional 20% crash.
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CoinMarketCap data reveals that Bitcoin (BTC) dominance has reached 60.6%. This represents a 5.01% increase due to a shift in market dynamics within the last 48 hours.
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.
TL;DR In January, the 12 Bitcoin ETFs in the U.S. saw net inflows of $5.25 billion, a significant increase from $4.53 billion in December 2024. BlackRock's IBIT led the inflows with $3.23 billion, reaching a total of $59.39 billion in net assets by the end of January.
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.
The company's massive stash remains tall at over 470,000 BTC.
A dormant Ethereum whale sold 77,736 ETH for $228M before the crash, triggering market panic and pushing ETH to key support levels.
Solana's price has fallen below the critical $200 threshold. This decline mirrors the broader market downturn triggered by Bitcoin's drop below $100,000.
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.
TL;DR More U.S. parents are turning to Bitcoin as a hedge against inflation for their children's college savings, moving away from traditional 529 plans. Bitcoin's potential for long-term growth and protection against economic instability makes it an attractive investment, despite its volatility.
On Feb. 3, Asian crypto stocks experienced significant declines as Bitcoin fell to $91,163, marking its lowest level in over three weeks.
MicroStrategy acquired around $20 billion worth of bitcoin over the past few months but did not sell any shares last week for more purchases.
El Salvador has once again increased its Bitcoin reserves, thereby expanding its ambitious strategy of incorporating cryptocurrency into its national economy. The country's total Bitcoin holdings have increased by five, bringing the total to an estimated 6,055 BTC, which is worth over $600 million at current prices.
As the bearish sentiment sweeps through the cryptocurrency market, Bitcoin (BTC) is leading the way in losses for the short term, in a price movement trend that aligns with the ‘Inverse Cramer' phenomenon.
The rising ETF inflows have been largely linked to the positive sentiment surrounding President Donald Trump's return to office.
Utah legislators could be the first to approve a strategic Bitcoin reserve due to a fast-moving legislative calendar and strong political backing. According to Dennis Porter, the CEO and founder of the Satoshi Action Fund, there's a high chance that Utah will be housing the world's first state-level Bitcoin strategic reserve.
Financial author and investor Robert Kiyosaki urges investors to seize the moment as Bitcoin (BTC) plummets following US President Donald Trump's newly imposed tariffs.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) suffered double-digit losses overnight as Bitcoin (CRYPTO: BTC) briefly slumped to $92,000. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2571 $38 billion -12.6% -17.6% Shiba Inu (CRYPTO: SHIB) $0.00001484 $8.7 billion -13.5% -16.8% PEPE (CRYPTO: PEPE) $0.059745 $4.09 billion -19.2% -21.4% Trade Notes: Crypto trader Tardigrade reassured that DOGE's pullback is part of a macro cycle.
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.
El Salvador reverses Bitcoin legal tender status but at the same time keeps buying.
RWAs may emerge as a key crypto investment narrative in 2025, industry watchers told Cointelegraph.
Bitwise's Jeff Park believes tariffs will be a major bullish catalyst for Bitcoin, despite short-term volatility from Trump's trade policies.
The market has started with the dump of most of the coins, according to CoinMarketCap.
BitMEX founder Arthur Hayes says that a global, multi-polar macro shift will likely lead to a large expansion of the monetary supply which will push Bitcoin (BTC) and crypto to much higher valuations.
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.
Bitcoin shows signs of a corrective phase with key Fibonacci levels acting as support. RSI momentum and price action suggest potential reversals or continuation, highlighting crucial resistance and support zones.
S&P 500 futures slid 1.4%, Dow Jones future fell 1.2% and futures on the tech-heavy Nasdaq 100 lost 1.7%
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.
Heavy Trump tariffs on Canada, Mexico, and China shocked markets. Bitcoin (BTC) crashed to nearly $91,000, and the altcoins were smashed.
Bitcoin (BTC) has recently seen a significant price decline, falling to $91,180, marking a 10% drop in the last 24 hours. With mounting concerns about the future of its price, there is growing speculation that Bitcoin could continue its downward trajectory.
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.
Fiat-backed stablecoins like USDT and USDC dominate the market, but Avalon is pioneering the next possible evolution—Bitcoin-backed stablecoins. USDa, Avalon's flagship stablecoin, is fully collateralized by Bitcoin, providing a decentralized, bank-independent alternative with deep liquidity and institutional-grade stability.
Utah is set to become the first US state to roll out a Bitcoin reserve, signaling bullish times for the crypto universe in general. Paired with OpenAI's ‘Deep' announcement, these AI meme coins could also be set to skyrocket.
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 crypto markets are gearing up for a news-packed week, with several key events on the horizon. Forward-looking or enlightened investors can capitalize on the volatility around these events for trading opportunities.
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.
Investors have been left stunned after losing about $130 million in a ‘Bitcoin Kuwait' crypto investment scam that collapsed within hours. According to reports, the financial scam is one of the largest in the country's history since digital trading started.
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.
Bitcoin price crashed to a low of $91,170 on Monday, as cryptocurrencies and the stock market crashed. Bitcoin (BTC) moved into a technical correction, falling by over 16% from its highest level this year.
TL;DR THORChain is addressing its $200 million debt by issuing a new token called TCY, converting defaulted debt into equity. TCY token holders will receive 10% of THORChain's revenue in perpetuity, aligning their interests with the protocol's long-term growth.
Amid the fears caused by Donald Trump, the President of the United States of America affecting tariffs on major trading partners, including China, Canada, and Mexico, wiped $2.26 billion from the crypto market. Following this, the Bitcoin price plunged below $95,000 over the past 24 hours after declining nearly 6% in seven days.