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🇺🇸 ETF FLOWS: On May 16, around 2.51K
BTC
and 8.71K
ETH
were bought.
BTC ETFs saw $260.3M in net inflows.
ETH
ETFs saw $22.1M in net inflows.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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BTC
103,006.4
-0.76%
ETH
2,479.8
-4.49%
5
0
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1 $BTC now nearly equals 1kg of gold at ~$ 102.9K. #GOLD #BTC
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🇵🇦 Panama City mayor hints at creating a BTC reserve after meeting El Salvador's leaders.
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Ethereum Falls Below $2,500 Amid Market Volatility on May 17 On May 17, 2025, Ethereum (ETH) saw its price drop to approximately $2,483.46, marking a decline of over 5% in the last 48 hours. The downturn reflects broader market volatility driven by multiple macroeconomic and technical factors. A major contributor to the drop was the expiry of $3.2 billion in crypto options contracts, which sparked significant price swings across the market. As traders adjusted their positions, ETH fell below the critical $2,500 mark. Adding to the bearish sentiment, Moody’s downgrade of the U.S. credit rating triggered a wave of risk-off behavior among investors. This led to a sell-off across various asset classes, including cryptocurrencies. Alongside Ethereum, tokens like Dogecoin and XRP also posted declines of around 3%. Whale activity further intensified the downward momentum. A large holder sold 10,543 ETH, worth roughly $26.1 million, realizing a $2 million loss. This move signaled a lack of confidence among major investors and added selling pressure. Technical analysts have pointed to a pattern of lower lows in ETH’s recent price movements, suggesting the possibility of further declines. Key support is currently seen around $2,350. While some remain bullish on Ethereum’s long-term outlook, near-term sentiment remains cautious amid continued market uncertainty and macroeconomic headwinds.
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What do you think about $ETH gas fees after the Pectra upgrade? Will they remain low during periods of high volume? Can the Ethereum network truly become a network for the people? #Ethereum
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JUST IN - Former FBI Director Comey will be escorted by the Secret Service to D.C. for their assassination investigation over Comey's "86 47" post.
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