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Bitcoin and Company
Bitcoin (BTC) continues its downward trend, plummeting to the range of $113,000, moving away from its all-time high of $122,979.87 reached on July 14, while altcoins lose up to 6% this Friday, according to Binance.
Cryptocurrencies fall alongside major Wall Street indices in a session marked by tough announcements regarding tariff policy from the US, which negatively impacted global markets.
Thus, BTC retreats 3% and falls to $113,483, while Ethereum (ETH), the second most important cryptocurrency by market capitalization, depreciates 5.6% to $3,545.45. On a weekly basis, BTC falls 2.7% and ETH drops 3.6%.
Cryptocurrencies fall alongside major Wall Street indices in a session marked by tough announcements regarding tariff policy from the US, which negatively impacted global markets.
Thus, BTC retreats 3% and falls to $113,483, while Ethereum (ETH), the second most important cryptocurrency by market capitalization, depreciates 5.6% to $3,545.45. On a weekly basis, BTC falls 2.7% and ETH drops 3.6%.
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Is Ethereum going to the moon?
Ethereum consolidates itself as the undisputed protagonist of the crypto ecosystem in the midst of a positive flow season, capturing the interest of large institutions, growing as a treasury asset, and showing technical indicators that suggest a possible breakout of the key resistance level of $4,000.
Its quote, at the time of this writing, amounts to $3,780.
"From a technical perspective, the daily chart of the ETH/USD pair shows a breakout of a bullish flag that projects a target price of $5,000 in the coming weeks.
Its quote, at the time of this writing, amounts to $3,780.
"From a technical perspective, the daily chart of the ETH/USD pair shows a breakout of a bullish flag that projects a target price of $5,000 in the coming weeks.
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Ethereum once again attracts the spotlight. While Bitcoin stabilizes, the second giant of the crypto market could be preparing for a historic breakout.
Ethereum aims for 5,000 $ after a consolidation, with a first key resistance between $4,000 and $4,200.
ETH outperforms Bitcoin in 30 days: +61% versus +11%, with a dominance that has risen to 12%.
#Ethereum
#ETH
#ETHUSDT.
Ethereum aims for 5,000 $ after a consolidation, with a first key resistance between $4,000 and $4,200.
ETH outperforms Bitcoin in 30 days: +61% versus +11%, with a dominance that has risen to 12%.
#Ethereum
#ETH
#ETHUSDT.
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Will Ethereum break the $5,000 barrier?
Ethereum is once again attracting the spotlight. While bitcoin stabilizes, the second giant of the crypto market may be preparing for a historic breakout.
Ethereum aims for $5,000 after a consolidation, with a key initial resistance between $4,000 and $4,200.ETH outperforms bitcoin over 30 days: +61% versus +11%, with dominance rising to 12%.Ethereum ETFs register 17 consecutive days of record inflows, revealing unprecedented institutional interest and lasting bullish pressure.
Ethereum aims for $5,000 after a consolidation, with a key initial resistance between $4,000 and $4,200.ETH outperforms bitcoin over 30 days: +61% versus +11%, with dominance rising to 12%.Ethereum ETFs register 17 consecutive days of record inflows, revealing unprecedented institutional interest and lasting bullish pressure.
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$ETH Ethereum on alert: Large movements on exchanges increase volatility.
#Ethereum
Ethereum liquidity increase: More than 1.26 billion worth of Ethereum was transferred to exchanges, suggesting an increase in market volatility.
Institutional transaction growth: Large volume transactions on Ethereum increased by 13%, indicating increased interest from large investors.
Possible rate cut-driven rally: With the recent rate cut by the Federal Reserve, Ethereum prices could rise, despite the risk of massive sell-offs. #ETH
$ETH
#Ethereum
Ethereum liquidity increase: More than 1.26 billion worth of Ethereum was transferred to exchanges, suggesting an increase in market volatility.
Institutional transaction growth: Large volume transactions on Ethereum increased by 13%, indicating increased interest from large investors.
Possible rate cut-driven rally: With the recent rate cut by the Federal Reserve, Ethereum prices could rise, despite the risk of massive sell-offs. #ETH
$ETH
🏛 Louisiana is now accepting crypto payments. State Treasurer John Fleming just announced that residents can use Bitcoin and USDC for state services. The first payment has already been made.
Kinda fun how the US has such mixed feelings about crypto. Some states are super progressive, others are still resistant. I wonder how this all plays out.
#Bitcoin! #USDC #USDC/USDT
Kinda fun how the US has such mixed feelings about crypto. Some states are super progressive, others are still resistant. I wonder how this all plays out.
#Bitcoin! #USDC #USDC/USDT
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#Ethereum. Ethereum to Overtake Bitcoin in 2025
Crypto analyst Benjamin Cowen projected that #Ethereum Ethereum (ETH/USD) will overtake Bitcoin (BTC/USD) in 2025 as there would be a shift in dynamics within the market.
While Ethereum lost almost all of its gain in 2024, Cowen indicated that the top altcoin is nearing its bear cycle end, adding, “I think Ethereum will start to overtake Bitcoin in 2025. I’m pretty confident about that.”
$ETH $BTC $USDC
Crypto analyst Benjamin Cowen projected that #Ethereum Ethereum (ETH/USD) will overtake Bitcoin (BTC/USD) in 2025 as there would be a shift in dynamics within the market.
While Ethereum lost almost all of its gain in 2024, Cowen indicated that the top altcoin is nearing its bear cycle end, adding, “I think Ethereum will start to overtake Bitcoin in 2025. I’m pretty confident about that.”
$ETH $BTC $USDC
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