| Mobile Web

Search results for ETH/USD

Crypto

Will Ethereum hold $2,700 as selling pressure builds in spot and derivatives markets

Ethereum is testing support around $2,700 as selling pressure rises in both spot and derivatives markets. After sliding to $2,660 it rebounded to the $2,700s, but analysts see the level as a key near-term pivot. Open interest has climbed again, and ETH/BTC has recovered from April lows. Data from Binance points to stronger market-sell activity, while reports of whale selling add to pressure alongside a greed reading in sentiment indicators.

Crypto

Ethereum rally sees little profit-taking as exchange holdings fall

Ethereum has rebounded about 27 percent, but the amount of ether held on exchanges has fallen, suggesting limited profit-taking. Exchange holdings dropped about 18 percent from 7.69 million ETH in early June to 6.28 million, with roughly 1.4 million ETH leaving exchanges for self-custody wallets and staking protocols. Outflows continued after Aug. 16 even as ETH rose to $2,528, while bitcoin exchange holdings edged up 0.25 percent. Technical resistance remains around $2,497 to $2,585, with $2,600 seen as a key level.

Crypto

U.S. Treasury doubles long-term bond buybacks, sending yields down and lifting bitcoin and ether

Bitcoin and ether jumped after the U.S. Treasury said it would double the maximum size of liquidity-support buybacks for 10 to 30-year bonds. The announcement pushed long-dated Treasury yields sharply lower, narrowing the gap between 2-year and 30-year yields and sparking buying across risk assets. CoinGlass data showed more than $1.2 billion of crypto positions were liquidated within an hour, largely in bitcoin and ether.