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The first weeks of 2025 have been nothing short of turbulent for financial markets, with both cryptocurrencies and equities facing intense pressure. A major shake-up came from China’s DeepSeek AI, which rattled the tech sector promising superior performance at a fraction of competitors’ costs. Meanwhile, President Donald Trump’s aggressive tariff policies further unsettled markets, triggering even greater turmoil. The cryptocurrency market suffered historic liquidation, erasing $2.24 billion in value within 24 hours, with estimates reaching up to $10 billion. Ethereum (ETH) took the hardest hit, leading the liquidation spree with $617.35 million in losses, plunging 16% to a low of $2,476 on February 3. Picks for you AI predicts XRP price for February 28, 2025 40 mins ago ...

BTC price advances toward $35,000, potentially opening the door for ETH, APT, QNT and RUNE to move higher. Hopes of approval for a spot Bitcoin (BTC) exchange-traded fund by the United States Securities and Exchange Commission boosted Bitcoin’s price by 27% in October. This improved sentiment, attracting aggressive buying by crypto investors. Bloomberg senior ETF analyst Eric Balchunas highlighted in a post on X (formerly Twitter) that ProShares Bitcoin Strategy ETF (BITO), the first futures-based ETF to get regulatory consent in the U.S. in 2021, saw its second biggest trading week ever at $1.7 billion. Similarly, Grayscale Bitcoin Trust (GBTC) recorded a volume of $800 million. The sharp uptick in volume in the existing instruments shows that spot Bitcoin ETFs are likely to witness huge volumes when they see the light of the day. Crypto market data daily view. Source: Coin360 When the leader starts performing, it generally lifts the entire sector. That is seen in the strong perform...

Bitcoin and Ethereum price s remain under selling pressure as traders look for BTC price to cross the $30,000 psychological level and ETH price over $2,000. advertisement Large Bitcoin and Ethereum Options Expiry 105.8k BTC Options with a notional value of $3.1 billion are about to expire on Friday, April 28. The Put/Call Ratio is 0.86, with call open interests of 56,908 and put open interests of 48,894. The max pain is at 27,000. Max pain point is the price at which the largest number of Options holders face financial loss. Currently, the BTC price is trading near the $29,500 level. Bitcoin (BTC) Options Expiry. Source: Deribit In addition, 807.2k ETH Options are set to expire, with a notional value of $1.55 billion. The Put/Call Ratio is 0.78, with call open interests of 452,633 and put open interests of 354,620. The max pain is at 1,800. Currently, the ETH price is trading above the $1,900 level. Ethereum (ETH) Options Expiry. Source: Deribit Also Read...

Ethereum block statistics show that the average number of blocks mined each day showed little to no change while the total block size per month increased by 7%. Stepping into 2023, the cryptocurrency market seemingly shrugged off the year-long bearish sentiment from 2022. As investors took notice, the long-awaited price corrections had a significant reaction, showcased through on-chain activities on the Ethereum blockchain. According to a Data report from Analytex, Ethereum’s average gas price — calculated in terms of the smallest Ether (ETH) denomination, Gwei — increased by 29.27% in January 2023. The report compares gas price s in January and December 2022, noting an increase in user activity as a key indicator for the rise in average gas price from 19.2 Gwei to 24.82 Gwei month on month. Ethereum average gas price per month. Source: app.analytex.today The report also notes that the average number of unique active Ethereum wallets per day decreased by around 10% to 387,475, the...

The Bitcoin dominance index could start falling again if the price of Ethereum can pare its 5% losses versus BTC year-to-date. Bitcoin (BTC) is rapidly regaining its lost dominance in the crypto market so far into 2023. On Jan. 30, Bitcoin accounted for 44.82% of the total crypto market capitalization, the highest since June 2022. In September 2022, Bitcoin's dominance index was as low as 38.84%. The index typically rises when most crypto investors reduce their exposure to smaller tokens and seek safety in Bitcoin. The reasons include Bitcoin's better liquidity and lower volatility than alternative cryptocurrencies, or altcoins, primarily in a bear market. Bitcoin's market dominance to grow further? As of Jan. 31, Bitcoin is up 38% year-to-date (YTD) at around $23,000. In comparison, the second-largest cryptocurrency, Ether (ETH), gained 30% in the same period, showing most investors remain gravitated toward Bitcoin so far in 2023. From a technical perspective, the Bitco...