Bitcoin set for sub $50K correction in September Analysts
Declining trading volumes and slowing ETF inflows could set the stage for a correction below $50,000 before a rally to new highs.
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Declining trading volumes and slowing ETF inflows could set the stage for a correction below $50,000 before a rally to new highs.
An uptick in Ethereum network activity was accompanied by a 498% rise in ETH gas fees. Will Ether price respond?
A decision on Ethereum ETF options has been pushed back to November, four days after Blackrockss IBIT options trading was approved.
Ethereum shows strength in its USD and BTC pair as network activity surges. Is a move to $3,000 realistic?
Ether price could be on track for another correction into a triple-bottom, marking the beginning of a big rally into 2025.
Some analysts see this correction as a local price bottom for Ether, based on historical chart patterns.
Fickel is one of the world's wealthiest cryptocurrency investors, currently holding more than $4.8 million worth of Ether.
Jonah Van Bourg expects Jumps quantitative crypto trading business is continuing to operate as before.
Solanas price could rally to $200 if SOL manages to flip $148 into a support level, technical analysis suggests.
Exchanges are still waiting on permission to list options on spot Bitcoin ETFs, too.
Several factors accelerated ETHs drop to $2,100, and analysts warn that the recovery could take some time.
Jump Tradings aggressive Ether sell-off, coinciding with Japans market crash, raises questions about its strategy and market exit.
Ethers price fell from above $3,000 to $2,100 due to selling pressure from a select group of market makers.
Jump Trading significantly contributed to the crypto market sell-off, and it could be looking to sell another $104 million worth of crypto.
As Bitcoin dropped below $50,000, analysts expect more outflows that would potentially drive prices down to $42,000.
An investment of $1,000 into Ether five years ago would be worth over $14,900 today.
Some analysts are eying an Ether rally above $3,000, but traders may have to wait until October.
Ether ETFs are on track to reach $500 million in net outflows, but according to market analysts, the ETH bottom may be in.
The positive correlation between the ETH/BTC pair and the US Dollar Index has strengthened ahead of the Federal Reserves September rate decision.
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