Ethereum OI Jumps +8.2% As Traders Chase The Pump: Leverage Fueling ETH Again

Ethereum OI Jumps +8.2% As Traders Chase The Pump: Leverage Fueling ETH Again

Ethereum is showing early signs of recovery after Friday’s dramatic sell-off that sent prices tumbling to $3,450. The drop came in what analysts describe as the largest liquidation event in the history of the cryptocurrency market, wiping out billions of leveraged positions on major exchanges. While bulls briefly lost control during the panic, ETH has … Read more

Ethereum Quiet Takeover: How Declining BTC Dominance Is Fueling ETH’s Rise

Ethereum

Ethereum is constantly gaining ground while Bitcoin’s domain continues to decrease, reporting a calm movement of market power. Since Eth captures a greater share of the cryptographic panorama, the key support and resistance levels are now on fire, indicating the potential for further rise. Ethereum captures a larger slice slice while BTC weakens In a … Read more

Key Factors Fueling The Surge

Coinbase Award

This article is also available in Spanish. Bitcoin shattered previous records, surpassing the $100,000 mark for the first time and hitting an all-time high of $104,088 in New York on Wednesday. The flagship cryptocurrency had fallen to $94,587 on Wednesday, but staged a notable comeback. Several key factors contributed to this unprecedented surge: #1 Fed … Read more