Instrumententafel Angst & Gier Bergbaubecken Geldbörsen Wörterbuch Werben Facebook Twitter Telegram Reddit Youtube
Marktkapitalisierung:
24h Vol:
Kryptowährungen: 12837
Märkte: 99741
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Marktkapitalisierung
24h Vol
12837
Kryptowährungen
60.66%
Bitcoin Aktie
crypto.news 2025-02-28 13:37:53

Ethereum price breaks six-year trend with sharp February decline

Ethereum price breaks six-year trend with sharp February decline

Ethereum price has crashed, making it one of the worst-performing blue-chip cryptocurrencies in February. Ethereum ( ETH ) dropped to a low of $2,075, its lowest level since January 2024 and about 50% below its highest level in November 2023. The ongoing decline has broken the second-largest cryptocurrency’s six-year track record. This marks the first February decline for Ethereum since 2018 and its worst February performance on record. Ethereum seasonality | Source: CoinGlass Ethereum’s decline has been more severe than that of its largest rivals. Bitcoin ( BTC ) has fallen by 25% from its highest level this year, while Ripple ( XRP ) is down around 40% in the same period. Ethereum has dropped partly due to ongoing outflows in the exchange-traded fund. All spot Ethereum ETFs have seen asset losses for six consecutive days, bringing cumulative assets in these funds to $2.86 billion. Similarly, spot Bitcoin ETFs have shed over $4 billion worth of assets. You might also like: Vitalik Buterin calls for wallet solutions to address crypto loss, not just theft Ethereum has also struggled as it continues to lose market share to other layer-1 and layer-2 projects. The most notable competitors include layer-1 networks like Solana ( SOL ) and BNB Smart Chain, as well as layer-2 networks such as Base and Arbitrum. The broader crypto market fear has also contributed to Ethereum’s downturn, with the Fear & Greed Index dropping to 33. Ethereum price loses key support as it forms a death cross ETH price chart | Source: crypto.news ETH price has continued crashing, as predicted in our earlier analysis, where we cited the bearish flag chart pattern. A flag pattern consists of a long vertical move followed by consolidation. This consolidation formed a rising wedge pattern, a well-known bearish continuation signal. Worse, Ethereum has just formed a death cross, which occurs when the 200-day moving average crosses below the 50-day moving average. This is considered one of the most bearish technical patterns in the market. Ethereum has also lost the key support level at $2,150, which previously marked the lowest swing in August and September 2023. This price served as the neckline of the triple-top pattern at $4,000. Additionally, the Average Directional Index has risen to 40, indicating that downward momentum is strengthening. Given that the distance between the triple-top pattern and the neckline at $2,150 is 47%, applying the same measure downward suggests that Ethereum’s price could crash to $1,095. You might also like: THORChain core dev leaves after failed vote to block hacker transactions

Meist gelesene Nachrichten



Cryptohopper
Marktkapitalisierung
24h Vol
60.66%
Bitcoin Aktie
795
Heute Nachrichten
Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen