Ethereum (ETH), after a short-lived rally to start the month, is in the midst of a price downturn, down 13.6% the last week. Escalating geopolitical tensions in the Middle East are contributing to the decline. The deepening Israel-Iran conflict, meanwhile, is fueling uncertainty in markets around the world. While the...
Over the weekend Ethereum (ETH) plunged in price by nearly 30%. This chaos occurred amidst surging geopolitical tensions, particularly after the US entered the Israel-Iran proximity conflict on the side of Israel. After a brief pullback, the cryptocurrency garnered enough interest to find its footing around a crucial support line,...
Just like before, Bitcoin’s resilience is shining through – this time as the geopolitical powder keg between Israel and Iran threatens to explode. Growing jitters about a wider war, including the US, are driving investors towards the safety of Bitcoin. At the same time, Ethereum, Solana, XRP, and most of...
The cryptocurrency market has taken a recent bear turn, largely due to the rising geopolitical tensions and global market uncertainty. Bitcoin’s price is down sharply, but many altcoins are experiencing losses of an even greater magnitude. This market action is being blamed on investors rushing toward safer assets in a...
Ethereum saw the steepest drop of the two, crashing more than 9% to under $2,500, falling below a key support level. Market Impact The crypto winter has led to confusion about which direction the short-term market will take. At the same time, Ethereum whales continue to fall. The price decline...
