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Ethereum surged 8% to close in on its all-time high as US spot ETF inflows and record futures activity fueled a broad crypto market rally. The surge comes amid lower-than-expected US inflation data yesterday, which boosted risk-on sentiment and raised expectations for future interest rate cuts. Treasury Secretary Scott Bessent called for a 50 basis point rate cut next month and President Donald Trump ramped up pressure on Federal Reserve Chair Jerome Powell, saying he may sue him over construction work on the Fed building. Ethereum is trading at $4,695 as of 5:03 a.m. EST, its highest level since November 2021, after surging more than 29% over the past week. It’s now within 4% of its ATH of $4,891.70 that it set on Nov. 16, 2021. ETH price chart (Source: CoinMarketCap) Ethereum ETFs Extend Inflows Streak After Record $1 Billion Day Fueling the ETH rally is the strong inflows into spot US Ethereum ETFs over the last week. US spot Ethereum ETFs notched record inflows ye...

Bitcoin is the top-performing asset in the cryptocurrency market as its price has skyrocketed 80% in a year. It hit an all-time high of $122,838 mid-July, and its price is now at the $119,000 range on Monday. The leading cryptocurrency is bouncing back harder after every dip, making it a prime investment for traders. It is backed by strong institutional clients, and the influx of funds is keeping prices afloat. The surge brings risks of a crash, as Bitcoin usually loses 50% to 80% of its value between 18 months and 2 years whenever it reaches an all-time high. Also Read: Bitcoin Open Interest Reaches All-Time High: Should You Worry? The trend has occurred in 2011, 2013, 2017, and 2021, where Bitcoin lost 70% to 90% of its value after reaching an ATH. In 2011, BTC hit an all-time high of $32 and plunged 94% reaching a low of $2. The same happened in 2013, where BTC hit an ATH of $1,150 and plummeted 90% reaching a low of $150. The crash happened 13 months after the ATH, giving investors...

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A trader who continues to build a following with timely calls on Bitcoin (BTC) and altcoins is issuing a warning on the broader crypto market. Crypto analyst Benjamin Cowen tells his 1 million followers on the social media platform X that he sees Bitcoin breaking support at $100,000. “Will likely see BTC back at its bull market support band soon, back in the mid-$90,000 range.” Source: Benjamin Cowen/X The bull market support band is formed by the 20-week simple moving average (SMA) and the 21-week exponential moving average (EMA). The analyst says his prediction is based on Bitcoin’s price action in the last two years, when Bitcoin started to roll over and gave up gains in the third quarter. “I’ve mentioned for a while on Youtube that Bitcoin would likely start exhibiting some weakness around mid-June as the Q3 weakness starts to present itself. The same thing happened the last couple of years. I think the next low is around Aug...

The cryptocurrency industry has several important events that it looks forward to. Bitcoin’s halving event is one among them. The king coin’s rise above the $100,000 mark was also widely credited to the halving that occurred back in 2024. The process of reducing the block reward that miners receive to uphold scarcity and control inflation is the main purpose of halving. The most recent halving pushed the reward from 6.25 BTC to 3.125 BTC. The next halving is expected to take place in the year 2028. The upcoming Bitcoin halving is about three years away. During this period, the block reward will drop to 1.5625 BTC. Also Read: BlackRock Warns: It’s Now Riskier to Ignore Bitcoin Than Own It Is Bitcoin Still Trading Above the $100,000 Mark? Source: Watcher Guru The last couple of months have been challenging for the world’s largest cryptocurrency. The asset went from trading at an all-time high of $109,114.88 down to a low of $74,436.68. At the time of writing, BTC was tra...

Chainlink (LINK) is trading in the green zone across the board. The asset has rallied 0.7% in the daily charts, 14.2% in the weekly charts, 17.3% in the 14-day charts, 8.3% over the previous month, and 6.5% since April 2024. Also Read: Putin Gifts Trump Painting & Proposes Ceasefire—Could a US-Russia Axis Trigger Re-Dollarization or De-Dollarization? Source: CoinGecko Cryptocurrencies Hold Steady Amid Bullish Developments Source: Watcher Guru Chainlink’s (LINK) latest rally comes amid a larger market-wide resurgence. The cryptocurrency market faced a substantial price dip earlier this month. Bitcoin’s (BTC) price fell to below $75,000. The market has made significant gains over the last few days. BTC has reclaimed the $94,000 price point. The global crypto market cap has hit $3.06 trillion after its recent dip to $2.5 trillion. Also Read: Bullish Signal: SHIB Eyes 100% Rally to $0.00003 After Breakout, Says Analyst Other bullish developments include Arizona passing two bills...

The end of April predictions for Shiba Inu are actually looking pretty promising. There is some really interesting growth potential for the popular meme coin. At the time of writing, SHIB is trading around $0.00001274, and it’s showing some pretty encouraging signs of movement toward that $0.000027 target, based on recent market analyses and also historical patterns that we’ve been tracking. Also Read: Alphabet (GOOGL) Or META: Which Stock Is a Better Buy in 2025? April Shiba Inu Forecast: Price Drivers, Targets, And Risks Ahead Source: Watcher Guru Historical Context Points To Possible Repeat Performance The April 2021 SHIB rally gives us valuable insights into what might happen by the end of April 2025. Back then, the cryptocurrency market was experiencing a similar kind of stagnation before SHIB actually sparked a much broader rally across the entire crypto space. Patrick Schmitt, crypto investor, stated: “I remember April 2021 like it was yesterday (…). Then ...

Pepe Coin’s (PEPE) entry into the cryptocurrency market was quite iconic. Among the thriving canine-themed community, the debut of a frog-themed meme coin was a game-changer. The market welcomed the meme coin in a great way and PEPE recorded a massive surge in its price. Since its launch in 2023, the asset has surged by 63158962.87%. While most coins fade away, PEPE managed to enter the top 40 and safeguard its position. Currently, the asset is the 31st largest cryptocurrency in the market. Also Read: Nike (NKE) Stock Down 69 From ATH%: Buy The Dip? How High Did PEPE Surge In The Past 24 Hours? Source: Financial News Over the past 24 hours, the price of the meme coin rose by 5.38%. At the time of writing, the asset was trading at $0.000006715. While most assets had a challenging time during the past month, PEPE managed to rise by 13%. Source: CoinMarketCap The asset hit an all-time high of $0.00002825 about four months ago. The meme coin closed 2024 on a bullish note. Currently, P...