I have dropped down to an hourly chart of ETH. The price path is starting to look impulsive to the downside, despite US Dollar weakness – I still expect a bottom very soon which implies macro regime change and crypto bearish.
ETH was strongly rejected at key resistance yesterday and is starting to cascade lower. There has a been a failed retest higher and negative reversal in RSI (hourly) – price down, RSI up, poor ease of movement higher. Keep looking down near term.
This drop coincides with increasing skepticism about the Federal Reserve's commitment to interest rate cuts, casting a shadow over the cryptocurrency market.
Bitcoin falls to $91,785, hitting its lowest in 2025, as robust US jobs data and Fed’s hawkish tone dent risk assets, despite early gains
A sharp Bitcoin price correction triggered by stronger-than-expected U.S. economic indicators has sent shockwaves through markets, pulling down equities like MicroStrategy and Coinbase and raising fresh concerns about the Federal Reserve’s interest rate trajectory for 2025.
After a record-breaking year, cryptos started 2025 on a rocky note, reflecting a broader risk-off sentiment.
SEC appeals Ripple case ruling but XRP continues to rise as Alderoty dismisses the lawsuit as "just noise"
VanEck's Onchain Economy ETF targets firms building digital asset infrastructure, investing 80% in "Digital Transformation Companies"
Bitcoin’s rally above $100K has fizzled but XRP has soared 400% thanks to Trump, ETFs, and a transitioning SEC.
Deribit, the leading cryptocurrency options exchange, is working with a financial advisor to explore potential sale opportunities. This move coincides with a resurgence in crypto market activity and a renewed interest in mergers and acquisitions within the sector.
