Crypto News·
ETH fell near $2,100 after Tom Lee linked selling to oil. crypto.news noted ETF outflows, whale deposits and higher exchange reserves today.
Read full articleHyperliquid price stabilized over the weekend after reclaiming a key bullish chart structure, while growing institutional adoption narratives continued supporting investor sentiment around the decentralized derivatives protocol. According to data from crypto.news, Hyperliquid (HYPE) price was trading around $45 at…
Ethereum price continued moving lower on Monday as rising macroeconomic uncertainty, weakening institutional demand, and growing exchange inflows pressured the broader crypto market. According to data from crypto.news, Ethereum (ETH) price fell more than 5% over the past 24 hours…
Bitcoin slid under $77K as ETF outflows, Fed minutes, jobs data and Nvidia earnings set up a volatile week for crypto markets this week now
Fundstrat's Tom Lee pointed out an inverse correlation between crude and Ether as oil surged back to around $110 on Monday.
Ethereum price started a fresh decline and traded below $2,050. ETH is now consolidating below $2,150 and might struggle to recover. Ethereum started a downside extension below the $2,150 zone. The price is trading below $2,150 and the 100-hourly Simple Moving Average. There is a connecting trend line forming with support at $2,050 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,150 zone. Ethereum Price Extends Losses Ethereum price failed to remain stable above $2,220 and started a downside correction, like Bitcoin. ETH price dipped below the $2,200 and $2,150 levels. The price even traded below $2,050. A low was formed at $1,914 on Kraken, and the price is now consolidating losses. There was a recovery wave above the 50% Fib retracement level of the downward move from the $2,197 swing high to the $1,914 low. Ethereum price is now trading below $2,150 and the 100-hourly Simple Moving Average. Besides, there is a conn
On-chain data is pointing to another interesting accumulation move by Tom Lee’s BitMine Immersion Technologies, with a whale tracker flagging a $197.64 million Ethereum purchase routed through four newly created wallets. Related Reading: XRP Records Biggest Spike In Network Usage In 2 Months The latest Ethereum buy has come during a period of weakness, which has seen the Ethereum price losing $2,300, and $2,100 is now in focus. BitMine Adds 89,026 ETH As Treasury Accumulation Continues On-chain analytics firm Lookonchain flagged a series of transactions suggesting that BitMine, the cryptocurrency mining and treasury firm chaired by prominent investor Tom Lee, may have quietly acquired an additional 89,026 ETH valued at approximately $197.64 million at current market prices. According to Lookonchain, the funds were routed through four newly created wallet addresses, which received the ETH from major exchanges Kraken and FalconX. Lookonchain noted that the wallets were created shortly be
Bitcoin’s futures market is dangerously overleveraged while ETF outflows mount and the Coinbase Premium stays deep in the red. What breaks first? Bitcoin’s Leverage Bomb Is Ticking While Institutions Head for the Exit The futures market is doing something it rarely does this far into a recovery. It is running ahead of the price. CryptoQuant […] The post Bitcoin’s Leverage Bomb Is Ticking While Institutions Head for the Exit appeared first on Live Bitcoin News.
Ethereum’s recent recovery phase has weakened considerably after repeated failures beneath the $2.4K major resistance level. The latest price action suggests bearish momentum is gradually building, while buyers struggle to maintain control above important support regions. Ethereum Price Analysis: The Daily Chart On the daily timeframe, ETH has experienced a notable bearish rejection after multiple […]
