Ethereum fell below $2,500 amid rising Treasury yields, economic headwinds, and $345 million in futures liquidations. Spot Ethereum ETFs also recorded eight consecutive sessions of net outflows.
XRP has slipped below the critical $1.40 threshold amid broader market pressures and rising exchange reserves, raising concerns that a continued sell-off could test support levels near $1.28.
Bitcoin faces a potential correction toward $75,000 after failing twice to break the $87,000 resistance level, placing immense importance on the $82,000 support zone as late buyers sit on significant unrealized gains.
Bitcoin recently climbed past $85,500 following a softer US inflation report and short liquidations, but retreating momentum and heavy long-term holder supply near $85,000 continue to stall the breakout as Treasury yields remain high.
Ethereum fell below $2,500 amid rising Treasury yields, economic headwinds, and $345 million in futures liquidations. Spot Ethereum ETFs also recorded eight consecutive sessions of net outflows.
XRP has slipped below the critical $1.40 threshold amid broader market pressures and rising exchange reserves, raising concerns that a continued sell-off could test support levels near $1.28.
Bitcoin dropped below $82,000 amid a wider cryptocurrency market downturn that sparked nearly $1 billion in forced liquidations, driven by geopolitical tensions, climbing oil prices, and government wallet transfers.
NextBlock has led a $3 million seed round in Soda Labs to support the expansion of the firm's programmable privacy infrastructure and chain-agnostic coprocessor, Soda Bubble, for public blockchain financial activities.
