Bitcoin and Ethereum Continue to Fail Near Important Highs, DOT and NEAR Rally
Bitcoin price attempted an upside break above the USD 49,500 zone but failed. BTC started a downside correction below USD 49,000. It is currently (04:21 UTC) trading below USD 48,700 and there is a risk of a move towards...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin price attempted an upside break above the USD 49,500 zone but failed. BTC started a downside correction below USD 49,000. It is currently (04:21 UTC) trading below USD 48,700 and there is a risk of a move towards USD 47,500.
Similarly, most major altcoins are also struggling to gain momentum. ETH topped near USD 4,060 and corrected lower. XRP extended increase and is testing the USD 1.00 barrier. ADA is stable above the USD 1.30 pivot level....
Read More: Bitcoin and Ethereum Continue to Fail Near Important Highs, DOT and NEAR Rally
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Ethereum (ETH) Price Prediction: ETH Eyes Recovery From $2,600 as $2,666-$2,689 Becomes Resistance
Ethereum price is holding around $2,618 as buyers attempt to preserve the latest recovery, but the market is approaching a decisiv...
Why Abstract is killing its Ethereum L2 instead of launching a token to save it
Abstract will shut down on Dec. 15 despite onboarding more than 400,000 users, hosting 144 apps, and landing brands including Disn...
Ethereum falls 6%, leaving $1.35 billion in long bets at risk of liquidation
Ethereum’s slide toward $2,500 has put about $1.35 billion of leveraged long positions at increasing risk of liquidation. CoinMark...
Ethereum Researcher Says AI May Break Encryption Before Quantum Does
Ethereum Foundation researcher Justin Drake urged holders to calmly move funds to unused addresses, warning that AI-driven math co...
Ethereum Price Prediction: Layer-2 Trouble Deepens as Another Network Shuts Down
Blast’s decision to close its Layer-2 network sharpens the question of Ethereum price and prediction: does activity ultimately con...
Ethereum holds near $2,700 as $414.1 million in longs sit in liquidation zones
Ethereum trades near $2,700 as $148.3 million in crypto positions are liquidated and $414.1 million in ETH longs sit in liquidatio...