“Ethereum’s native token, Ether, is struggling to surpass the $2000 mark. It faces technical levels resistance linked to the U.S. dollar strength and Bitcoin’s market momentum. Ethereum ecosystem’s total-value-locked (TVL) decrease, and falling trends in active wallets and Non-Fungible Tokens (NFTs) volumes add to the challenge.”
Search Results for: ETH/BTC
Shifting Sightlines in Crypto: A Case Study of Newly Released Ether ETFs Vs. Bitcoin Futures ETFs
“After Ether futures-based ETFs debut, crypto analysis firm K33 Research suggests investors might need to shift focus from ETH to BTC due to underwhelming results. Despite excitement, the ETFs didn’t intervene with Ether’s ongoing value decline compared to Bitcoin.”
Bear or Bull: Analyzing Ether and Bitcoin Options Trends in the Cryptocurrency Market
“Ether’s market indicators suggest potential price drop, with traders hedging against price downturns in near-term timeframes. This contrasts with Bitcoin’s long-term bullishness among traders. While Bitcoin is believed to benefit from positive macroeconomic shifts, Ether’s better performance can be attributed to ETH futures-based exchange-traded funds and hedging activities.”
Ether’s Unusual Outperformance over Bitcoin: A Tale of Market Shifts and Future Predictions
“Ethereum’s native token, ether, outperformed bitcoin despite a broader market crash. Historically, investors rally behind bitcoin during market stress, yet the recent spike in the ETH ratio marks a change. This might be due to optimism surrounding potential launch of ether futures-based ETFs in the U.S.”
Bitcoin Dominance Surges: Impact on Altcoins and Future of Crypto Market
Bitcoin’s market cap surpasses all other cryptocurrencies combined, reaching over 50% dominance, a level unseen since May 2021. Factors include regulatory scrutiny on altcoins, SEC lawsuits, and increased Bitcoin adoption driven by institutional investors and clearer regulations.
Crypto Market Meltdown: Examining Bitcoin and Ethereum Price Plunges and What Lies Ahead
The collapse of Bitcoin price below the 200-weekly moving average has sparked a massive sell-off in the crypto market, with BTC dipping under $26,100 and Ethereum falling over 5% to below $1,750. Factors like market uncertainty and weakening momentum contribute to a bearish outlook.
Ethereum Trading Contest at ProBit Global: Win Big in the 5,000 USDT Prize Pool
ProBit Global adds Ethereum to its trading competition series, coinciding with the successful completion of the Shapella upgrade. Users can win rewards based on trading volume, with a total prize pool of 5,000 USDT available. This competition aims to boost interest in Ethereum as the network evolves.