The number two cryptocurrency by market cap, Ethereum, just experienced a massive dump alongside many other major crypto assets, including Bitcoin and the rest of its altcoin brethren.
Is the 2020 crypto rally finally finished, or is this just another opportunity to buy the dip across the crypto market before further upside in the days ahead.
Ethereum Drops to $250 in Crypto Market Mayhem
Ethereum just lost as much as 10% of its value in a matter of just one hour, as the smart-contract focused altcoin’s rally may finally be finished.
The cryptocurrency has been rallying since the start of 2020 and had been up to over 100% at recent highs since the year first began.
Related Reading | Tezos & Ethereum: These Top Performing Altcoins Flash Dangerous Sell Signals
But the number two cryptocurrency by market cap has struggling to set a new high, and after this latest collapse that wiped out 10% from the value of Ethereum, it’s starting to look like the crypto bull market is taking a quick break.
In a matter of an hour, Ethereum fell from highs around $286 to as low as $250, before finding support.
The current local high of the entire rally is set at $290, failing to reach its 2019 high of $364.
Resistance from $285 all the way up to $300 may have proven to be too powerful for bulls to break through.
Bearish crypto traders may have the high volume, top-like reversal they were looking for, however, the drop failed has thus far failed to set a lower low on daily timeframes.
On Sunday, Ethereum dropped to $236 before rebounding back toward local highs.
But the rally has thus far failed to hold and was rejected back down to find support.
Is the Crypto Rally of 2020 Over?
At the time of this writing, $250 is holding strong, and Ethereum has already rebounded, but additional downside cannot be ruled out.
After over 60 days of uptrend and 100% gains, a retracement isn’t out of the question, although some crypto analysts are claiming that it make take weeks or months to occur.
Many indicators confirm that at a new crypto bull market is here, however, that doesn’t mean massive crashes still can’t cut rallies down to size at every turn.
Related Reading | Crypto Market Crash: This Technical Structure Puts End to Uptrend
This latest turn for Ethereum could result in new lows being set, or if a bull market is in effect, dips will be bought with fury and speed, and in no time at all, Ethereum will be back to setting new locals highs. origin »
Crypto market is bleeding because of a wider selloff in tech stocks, fueled by concerns about potential trade wars and a possible economic downturn in the US. On Monday, Bitcoin (BTC) price fell by 4% to $80,000 while Ethereum (ETH)…
The crypto industry never sits still. Even in a bear market, development surges ahead like a Bitcoin bull charging through resistance. Who would have guessed a few years ago that you could finance your home purchase using Bitcoin? Well, it’s happening.
The Bybit hack has increased fears over centralized exchange security vulnerabilities US President Donald Trump’s trade tariffs are increasing market uncertainty Trump’s crypto promises may have started as being great, but they could end up proving catastrophic Three things are contributing to the drop in crypto prices, which has seen Bitcoin fall 7.
The overall crypto market cap has gone down more than 8% as major tokens plummet, having yet to recover from the recent market crash. According to data from crypto.news, the five largest tokens by market cap have failed to recover…
It is nearly impossible to stress how vital research and market predictions are in the crypto business. Crypto experts who have been in the game long enough often discuss the importance of learning from history and reading into the future when making market decisions.
In crypto news on Monday, the cryptocurrency market experienced a downturn, with Solana (SOL) and XRP leading the decline among major digital assets. Market sentiment has soured with the proliferation of meme coin scams, this time from Argentine President Javier Milei.
The crypto market trended lower last week as US tariffs rocked the market, causing investors to flee to safe-haven assets like Gold. Crypto prices which recovered slightly on Monday and Tuesday continued trending downward as uncertainty looms.
The crypto market is undergoing a major shift with the rise of AI-powered blockchain innovations. Crypto AI agents are in the middle of this revolution, automating processes, improving efficiency, and revolutionizing trading.
The charm of the crypto market lies in its ability to turn small investments into a fortune, often reaching a staggering 1000x or more. However, predicting the next successful crypto asset in the market can be similar to finding a needle in a haystack.
As the crypto markets stall and the fear and greed index hits a low of 35, many investors are wondering if the crypto bull market is over as desperate traders hang on for a long-awaited “Alt Season.
The crypto market saw a $2 billion liquidation event on Monday, leading to divided opinions among analysts about whether February will mark the start of an altcoin season or if recovery will take longer, similar to past cycles.
The Crypto Fear & Greed Index has fallen to a 4-month low of 44 following the $2.2 billion crypto market crash earlier today. The index, which represents crypto market sentiments and emotions on a scale of 0 to 100, had…
On February 3, the bears gripped the cryptocurrency market, as investors were reacting to Trump’s sweeping tariifs. The global crypto market cap crashed by over 12% to $3. 01 trillion. Donald Trump’s decision to immediately impose tariffs on Canada, Mexico, and China sent shockwaves through the crypto markets.
More than $800M was liquidated from the crypto market within 24 hours as Bitcoin and most altcoins plunged.
The dip was influenced by several macro-economic factors and volatility across the U.
The cryptocurrency market is not in its infancy stage anymore, as it has witnessed dramatic evolution and captured global attention now thanks to the rising adoption of crypto trends. Cryptocurrencies like Bitcoin and Ethereum have attracted mainstream recognition, and many…
Bitcoin saw a relief rally today that saw it retesting the resistance around $100k as optimism returned to the market ahead of President-elect Donald Trump’s inauguration. Liquidity was returning to the crypto market in the past 24 hours as the overall crypto market capitalization recovered above $3.
Bitcoin faces critical resistance as market dynamics hint at potential volatility ahead.
Stablecoin dominance and fear indicators spotlight growing investor caution in the crypto market.
TheThe post What are the odds of a crypto crash right now? appeared first on AMBCrypto.
Learning to buy or sell effectively in the crypto market means you need to learn crypto trading strategies that work in this volatile market. If you spent a considerable amount of time in the crypto markets, you know that not…
The crypto trading firm and market maker GSR becomes the first crypto liquidity provider to earn regulatory authorizations from both the FCA and Singapore’s MAS. GSR, the global crypto trading firm and market maker, has received approval from the Financial…
With the new year’s dawn, crypto investors are ready to rejigger the crypto market. The race for the best presale of 2025 is on as altcoins go head to head in the market. While Rexas Finance (RXS) carves a niche in Real World Assets (RWAs) and Lightchain AI (LCAI) turn heads with AI-powered blockchain innovations, [...]
Have you been monitoring the crypto market, curious about how early entries have led to substantial rewards? Or perhaps you’ve regretted missing out on earlier presale events that significantly increased in value, wishing you had participated? Crypto presales provide an early entry into the market, typically at much lower prices than their future valuations.
Crypto options are a powerful tool in the global crypto market. They offer traders the flexibility to hedge risks or speculate on market movements without directly owning the underlying cryptocurrency.
Lightchain AI emerges as a serious contender in the crypto market, combining real-world utility and sustainable growth potential to outshine meme coins like PEPE. #partnercontent
Neur.sh and Would rally as the overall crypto market struggles to stay bullish in the final days of 2024. According to CoinMarketCap data, the global crypto market cap stands at $3.33 trillion, with a 1.1% surge in the last 24…
Between 2014 and 2023, the crypto market got into the holiday spirit with a “Santa Claus Rally” eight times in ten years. During the post-Christmas week, total crypto market capitalization grew up to 11.
A crypto analyst said we are yet to see the “Santa rally” the market has been hoping for after $1 billion was liquidated in the crypto markets in just 24 hours.
Why did the crypto market suddenly crash, wiping billions in just hours, and what does this mean for Bitcoin and altcoin investors moving forward? Crypto markets in freefall In the last two days, the crypto market has hit a speed…
iDEGEN has hit the crypto market running, riding a major bullish mood engulfing the entire market. This comes as traders cheer Bitcoin’s massive and record monthly green candle. As the benchmark crypto looks to break the sell wall at the $100k level, several altcoins are toying with levels that have traders excited.
XRP's surge highlights shifting regulatory dynamics and growing institutional interest, potentially reshaping the crypto market landscape.
The post Ripple’s market cap hits record high of $140B, flips Tether and Solana to become third most valuable crypto asset appeared first on Crypto Briefing.
Cardano (ADA) recently took the most hits of the top ten crypto assets by market capitalization. At press time, the asset is down 3% in the last 24 hours, trading at $1.09. This represents the state of the wider crypto market, with assets slowly declining from last week’s highs. The total crypto market cap stands […]
Bullish sentiment is at its peak and crypto market participants are projecting a continued upside for the Dogecoin pice in the coming weeks and months. According to crypto analyst Ash Crypto, the crypto market is going to continue on this run into the next six to twelve months.
As crypto prices begin to recover from a prolonged period of consolidation and retracement observed during the second and third quarters of the year, the market is entering a phase of renewed optimism.
The global crypto ATM market, worth $87.35 million in 2023, is expected to grow at an average rate of 45.7% per year, reaching $2.58 billion by 2032. The global crypto ATM market, valued at $87.35 million in 2023, is expected…
Amidst the recent crypto market price drop, the non-fungible token (NFT) sales volume has dropped by 6% to $84.6 million. Even though the crypto market showed mild signs of a positive trajectory recently, all the gains seem to have erased…
Amidst the bearish crypto market conditions, Wuffi emerges as the top gainer with a 50% surge in the last 24 hours. The overall crypto market cap nosedived by almost 1.4% in the last 24 hours. As per CoinGecko, the global…
The crypto market is expanding. But there is little innovation in integrating crypto into the mainstream as a currency. So SpacePay’s entry into the crypto market has been a pleasant surprise.
The crypto market sentiment is seeing a major shift as leading digital assets continue their bullish momentum. According to data provided by CoinMarketCap, the crypto fear and greed index entered the 60 zone today, signaling slightly greedy market conditions. This…
The crypto market dipped briefly yesterday when the BTC price plunged below $59k. However, during early Friday hours, the market recovered and Bitcoin is now back up above $60. 5k. Some altcoins are pumping, and among top crypto gainers today is MANTRA’s OM.
US government files first-ever market manipulation charges in crypto, targeting 18 people and firms, with $25M in assets seized.
The post FBI creates crypto token to catch fraudsters in historic market manipulation case appeared first on Crypto Briefing.
This October, the Crypto space is prepared for huge movements due to Kamala Harris’ pro-crypto stance. Many projects in the market are experiencing massive gains due to the boost Democratic presidential nominee Kamala Harris gave the crypto market in her speech.
The crypto market cap is down by 6%, with more than half a billion crypto bets liquidated amid flaring geopolitical tensions in the Middle East. Tensions In The Middle East Rattle The Crypto Market The total crypto market cap has dropped by 6%, sliding to $2.
Crypto market drops as Iran launches missile strikes into Israel. Bitcoin falls to $62k; Ethereum drops below $2,500. The global crypto market cap declines by 2. 72% to $2. 18 trillion. The global crypto market has witnessed a sharp decline following reports of Iran firing missiles into Israel.
The crypto market is imploding, with the total market capitalization in the industry crashing from over $3. 5 trillion in November to $2. 58 trillion. Bitcoin and most altcoins like Shiba Inu, Pepe, XRP, and Pi Network have all retreated by double digits from their 2024 highs.
An unknown attacker prompted Ethereum developers to roll out a “private fix” as the network grappled with technical issues during the Pectra upgrade on the Sepolia testnet. In a post-incident report, Ethereum developer Marius van der Wijden revealed that the…
Crypto coins remained under pressure during the weekend even after Donald Trump announced his plans for a Strategic Bitcoin Reserve (SBR) and held the first crypto summit in Washington. Bitcoin’s price has crashed below $83,000, while the valuation of most coins has dropped to $2.
Ethereum price has crashed this year, as its on-chain metrics waned and spot ETH exchange-traded funds (ETF) outflows rose. ETH has crashed in the last two consecutive weeks, and is hovering at its lowest level since December 2023.
The crypto market shows mixed signals today, with Ethereum dropping to the $2,100 mark while altcoins like Crypto-AI-Robo, CZ’s Dog and Prosper have surged double digits in the last 24 hours. According to the latest market data, Bitcoin (BTC) is…
Ethereum price surged 6% in the past 24 hours, reclaiming the $2,300 level despite weakening decentralized finance metrics. According to data from Defi Llama, in February, Ethereum’s (ETH) total value locked fell to $50 billion from a peak of $71…
Aave has proposed a comprehensive update to its economic framework, focusing on revenue distribution, staking incentives, and liquidity management. The proposal, introduced by Aave Chan Initiative (ACI) founder Marc Zeller on March 4, is considered a pivotal development in Aave’s evolution.
