Ethereum's price movement today has been influenced by a mix of market dynamics and technical developments. Despite a recent surge in capital inflows into Ethereum ETFs and a notable increase in open interest and futures premium, Ethereum has faced downward pressure. The cryptocurrency market is currently experiencing a shift, with investors rotating from Bitcoin to Ethereum in anticipation of an altcoin se
Ethereum's price has surged today, driven by a combination of increased capital inflows and a notable rise in its open interest and futures premium. The cryptocurrency has seen a 9% rally, fueled by a significant 15% growth in the ETH/BTC ratio, indicating a shift in investor sentiment towards Ethereum. This movement is supported by a strong bullish sentiment in the derivatives market, with Ethereum's open
Ethereum's price has surged today, driven by a combination of increased capital inflows and a notable rise in its open interest and futures premium. The cryptocurrency has been experiencing a wave of bullish sentiment, with Ethereum ETFs recording net inflows of $40.6 million on Tuesday, marking the third consecutive day of positive flows. This trend suggests a shift in investor focus from Bitcoin to Ethere
Ethereum's price has surged today, driven by a combination of market dynamics and significant developments within the cryptocurrency space. The recent donation by Ethereum co-founder Vitalik Buterin of 320 ether, valued at over $1 million, to Coin Center has drawn attention. This donation followed a U.S. appeals court ruling that overturned sanctions against Tornado Cash, a crypto mixing service. The court'
Ethereum's price has seen a notable increase today, driven by a surge in demand for ETH derivatives and a broader rotation within the crypto market. Traders are increasingly piling into ETH derivatives, with open interest in perpetual and standard futures contracts reaching a record high. This heightened activity suggests a strong market sentiment towards Ethereum, as investors anticipate further price gain
Ethereum's price has surged today, driven by a combination of market dynamics and regulatory developments. The cryptocurrency market is witnessing a shift in focus towards Ethereum, as Bitcoin experiences a short-term decline. This shift is highlighted by a 13% increase in the ETH/BTC trading pair, indicating a growing investor appetite for Ethereum. The nomination of Scott Bessent as Treasury Secretary by
Ethereum's price has experienced a 2.72% decline today, trading at $3,321.08, as the broader cryptocurrency market faces a significant correction. This downturn is largely attributed to profit-taking following recent gains, particularly after the U.S. election, which saw excessive leverage in the market. According to QCP Capital, "The market had become extremely overbought since the election with excessive
Ethereum's price has dropped by 2.28% today, reflecting broader market trends as the entire crypto market shed $180 billion in value. This decline comes amid a general downturn in major cryptocurrencies, with Bitcoin also retreating from its recent highs. Ethereum's price fell to a low of $3,291.95, influenced by profit-taking activities following the post-U.S. election rally. The market's overbought condit
Ethereum's price has dropped by 3.39% today, reaching a low of $3,298.43, as the broader cryptocurrency market experiences a significant downturn. This decline is part of a larger market trend, with the entire crypto market shedding $180 billion in value. Bitcoin, the largest cryptocurrency, has also seen a substantial decrease, retreating from its recent highs. The sell-off appears to be driven by profit-t
Ethereum's price has experienced a notable decline of 2.73% today, reaching a low of $3,320.91. This drop comes amid a broader market correction, with Bitcoin also seeing significant declines. Despite the price dip, Ethereum ETFs have attracted inflows, suggesting that institutional investors remain confident in Ethereum's long-term potential. On November 25, spot Ethereum ETFs saw a total inflow of $2.83 m
Ethereum's price has surged by 3.17% today, reaching a high of $3,545.28, as open positions in CME’s Ether futures hit record levels. This increase in futures activity has been a significant driver of Ethereum's price movement, with the futures premium surpassing that of Bitcoin, indicating a shift in market dynamics. Velte Lunde, Research Director at K33 Research, highlighted that the ETH/BTC pair is cruci
Ethereum's price has surged by 3% today, reaching $3,464.13, as investors appear to be rotating from Bitcoin to Ethereum, following a decline in Bitcoin's market dominance. This shift is partly driven by Ethereum's recent break above the $3,400 resistance level, which has been identified as a key point in a Head-and-Shoulders pattern. According to a report by QCP analysts, the trend of investors moving from
Ethereum's price has risen by 2.26% today, reaching $3,439.17, as it recovers from a weekend slump. The increase is attributed to a broader market recovery and positive sentiment surrounding Ethereum's potential to outperform Bitcoin in the near future. According to Akash Girimath from CoinGape, Ethereum is expected to breach the $3,500 mark and possibly retest $4,000 by the end of the week. This optimism i
Ethereum's price has surged by 3.23% today, reaching $3,472.06, as it continues to ride the wave of a broader cryptocurrency market recovery. This marks its highest level in four months, with the price peaking at $3,521.56 earlier in the day. The rally is largely attributed to renewed investor confidence in the crypto market, which has been bolstered by Ethereum's ongoing dominance in decentralized applicat
Ethereum's price has surged by 3.22% today, reaching a high of $3,521.25, as it continues to build on its recent momentum. This rally comes amid a broader market upswing following Donald Trump's election as the 47th President of the United States, which has been accompanied by a series of pro-crypto promises. Ethereum has outperformed its major competitors, with $24.6 million worth of shorts being liquidate
Ethereum's price has surged by 3.30% today, reaching a high of $3,521.25, as it tests a crucial resistance level just below $3,500. This upward momentum is driven by a combination of technical factors and growing market optimism. According to top analyst Carl Runefelt, Ethereum's price action has built a solid foundation for further growth, and breaking through the $3,500 barrier could rapidly propel the cr
Ethereum's price has surged by 4.13% today, reaching $3,502.26, as it tests a crucial resistance level just below $3,500. This upward movement is largely driven by growing optimism among traders and investors, as Ethereum maintains its bullish price structure above the 200-day moving average. According to top analyst Carl Runefelt, Ethereum is poised for a substantial rally once it breaks through this key r
Ethereum's price has surged by 4.11% today, reaching $3,501.42, as investors rotate funds back into the cryptocurrency amid bullish signals. This upward movement comes after Ethereum successfully absorbed significant selling pressure from an ancient whale who offloaded over $224 million worth of ETH without causing a major price correction. The resilience shown by Ethereum in the face of such selling pressu
Ethereum's price has dropped by 2.09% today, currently trading at $3,289.34, after reaching a high of $3,420.52 earlier in the day. The decline is largely attributed to the ongoing sales of Ethereum by the Interchain Foundation, which has offloaded 3,000 ETH worth approximately $10.16 million in the last hour alone. This move is part of a broader trend by the foundation, which has sold a total of 21,600 ETH
Ethereum's price has dropped by 1.99% today, currently trading at $3,292.63, after reaching a high of $3,420.52 earlier in the day. This decline comes amid significant sales of Ethereum by the Interchain Foundation, which offloaded 3,000 ETH worth approximately $10.16 million in the last hour. These sales are part of a broader trend, with the foundation having sold a total of 21,600 ETH since April. The mar