Ethereum price dropping reddit Ethereum has faced significant losses over the past two months, with its market cap dropping by 36%. These ETFs invest in futures contracts, which are agreements to buy or sell ether at a future date for a predetermined price. When supply does not offset it, price will continue to just grind up and up and up. The live Ethereum price today is $1,811. 2. And ETH… ETH is up 16%. 95%, Ethereum by 8. Here you can discuss Ethereum news, memes… Feb 3, 2025 · Why Ethereum price suffered steep drop today. The leading community for cryptocurrency news, discussion, and analysis. Ethereum's price drop can be attributed to a decline in investor confidence, triggered by the Merge's delayed timeline, which has led to a decrease in demand for the cryptocurrency. (Photo by S3studio/Getty Images) Getty Images. you can also look at the price of the s&p 500 (another store of value that you can turn back into fiat) and the price of ethereum. tldr; A crypto analyst, Shin Forex, predicts Ethereum's price will drop to $2,500, citing bearish fundamentals and a shift in liquidity from Ethereum to Bitcoin. Next-generation platform for decentralised applications. 0b of revenue. For Newbies the blockchain explorer is a nice thing There needs to be $12. Feb 3, 2025 · On Feb. From the article: According to Cryptonewz, by the end of the current year 2024, ETH will touch $5,000. Based on some napkin math the BTC can reach a 162% price increase post-halving, with the peak expected around 420 days (14 months). 1397%. Dogecoin leads losses among the top 10 cryptos, down about 13% to $0. Introduced in Canada in 2021, these ETFs are managed by asset management companies like Bitwise, VanEck, and ProShares, and offer a regulated way to invest in Ethereum through a brokerage account. It is being shrugged off because this is most likely a one-off event. My advice is, don't aim to high and ridiculously. 5 billion hack on Bybit, which many analysts attribute to the North Korean Lazarus Group. The current price of Ethereum in United Kingdom is £1,209. The support at $3463 isn't too strong. 8% to $81,729 while Ethereum is down 8%, hovering just above November 2023 prices near $2,000. Please contact the moderators of this subreddit if you have any questions or concerns. com, A golden Ethereum coin placed on a neutral light background, symbolizing digital currency. Dec 23, 2024 · Ethereum's price is under pressure, with a recent 17% drop and bearish sentiment. A close above $3,700 could help Ethereum reach $4,000, but selling pressure at this level makes it difficult. 58 % USDT We would like to show you a description here but the site won’t allow us. Institutions are showing interest in Ethereum Futures, indicating a readiness to push prices higher, although the market awaits confirmation through price charts. BTC $83,507. Welcome to the official subreddit of the PC Master Race / PCMR! All PC-related… I just sold some ethereum coins when it was at 1ETH = $3,069 USD, however when I took a look at the sale history it showed that the sales price was 1 ETH = $3,021. But they won't die. There are four projects on Ethereum that post larger revenue than BSC. 6% decline in the total crypto market capitalization in the past 24 hours. 2 million, with large holders selling off their Ether in the past 24 hours. 05, a pattern that historically led to price crashes. Keep price discussion and market talk, posts that state how much coins you brought/own, memes & exchanges to subreddits such as r/ethtrader or r/ethfinance 3 Mining discussion tldr; Ethereum's price recently dropped from $3,633 to $3,220, but predictions suggest it might retest the $4,000 mark. I'm personally not very confident it can hold but I wouldn't mind being wrong here. 4% at one point—despite receiving some good news yesterday evening. Dive in at ethereum. Because once the merge happens there is going to be a tsunami of selling. org We would like to show you a description here but the site won’t allow us. Ether suffered notable declines today, dropping to its lowest value of the year, as the And the massive drop in price wasn't a bug, but a whale selling ~250 BTC and crashing the liquidity market of that specific exchange. THE COIN WAS NOT AT $3,021 AT THE TIME OF SELL!!!! Why the difference in price of the coin???? This happens all the time when I sell a coin. ETH dominance is dropping to its lowest level since the 2022 summer crash, both against BTC and against other The EOS Network is a 3rd generation blockchain platform powered by the EOS VM, a low-latency, highly performant, and extensible WebAssembly engine for deterministic execution of near feeless transactions; purpose-built for enabling optimal web3 user, developer experiences. 61% has had very poor performance recently, with its price currently at $1,495. XRP, Cardano, etc. Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your there is a correlation it is not necessarily affecting ethereum. 18% over the past week and 25. AVAX is up 31%. Aggressive traders might consider buying dips above $3,300, while conservative traders are advised to wait for a clear break above $3,700 or $3,900 before committing to targets at 2. 3M subscribers in the ethtrader community. Updated: Dec 16, 2024, 12:22pm Reviewed By. Mar 4, 2025 · Ethereum has seen a steep decline, dropping over 36% since the start of 2025. 52 billion worth of long positions. The ETH price also validated the $2,450 horizontal support area, creating a long lower wick. upvotes · comments r/ethereum Dec 16, 2024 · Ethereum (ETH) Price Prediction For The Year 2024, 2025 And 2030. 12 USD. 16. 901 billion, it holds a market share of 10. 750 billion, a change of +49. We would like to show you a description here but the site won’t allow us. 2016 Halving: Saw a 2861% increase over 17 months. g. 38 votes, 52 comments. 29 per (ETH / GBP) with their value dropping as quickly as it can rise. Oct 23, 2024 · Ether prices declined by 9. Jan 29, 2025 · Ethereum price could drop to $3,000, technicals and on-chain metrics suggest. For reference, Bitoin dropped to $3200 at the time. Ethereum ETFs have experienced significant outflows, with ETHA losing $164 million in last seven days. Despite a minor recovery, Ethereum remains below key resistance levels and the 100-hourly Simple Moving Average, indicating a short-term bearish trend. The cryptocurrency market is incredibly volatile and it's not advisable to make any hasty decisions based on a few negative indicators. We update our ETH to USD price in real-time. Securities and We would like to show you a description here but the site won’t allow us. Also, 18% of Bitcoins hash rate comes out of Kazakstan where the power went out January 5th for several hours due to the political turmoil which then caused an approx 12% drop in BTC price then it was downhill from there. ETH barely survived breaking its 2024 low of $2,100. FedWatch tool shows a 99. 11 votes, 12 comments. 5M subscribers in the ethereum community. More of the best people at the cheapest price possible. The price of ETH will actually hit an all time high about 6 months prior to August 9, 2030. 9M subscribers in the pcmasterrace community. Feb 3, 2025 · Ethereum Struggles as Whales Panic Sell. 6% from Oct. Such liquidations accelerate price declines, exacerbating the downturn. The analysis is based on the ETH/BTC chart showing a break below its support level of 0. Despite this, the price recovered to $2,230, suggesting the sell-off may not indicate an end to bullish momentum. But its community is so anti-Ethereum, it's sad. The xrp ceo itself said that the ideal price target for this quarter is at $5. With a market cap of $300. Aashika Jain This inquiry involves a subpoena to the Ethereum Foundation. Since September 1st, BTC is up 40%, SOL is up 100%, LINK is up 150%, MATIC is up 46%, ADA is up 40%, DOT is up 30%. 3, falling from $2,380 to $2,050, leading to the liquidation of $100 million in leveraged long future contracts. Oct 16, 2024 · Ethereum (ETH 0. If the price drops 50%, thank the market gods and buy more. 95% decrease over the past year. On the bright side, video cards should be dropping in price as miners throw in the towel. tldr; Ethereum's price struggled to surpass the $3,650 resistance, leading to another decline with a risk of dropping below the $3,420 support. Historical Price Impacts: 2012 Halving: Bitcoin's price surged approximately 9308% in 13 months. Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3. The unbiased subreddit to talk about all things related to crypto assets and the surrounding ecosystem Ethereum exists as it does today because people developed ASICs for Bitcoin (and similar coins), so people with GPUs moved to Ethereum. These two factors combined are driving Ethereum's prices down. Ethereum is having a rough week, and the crypto market is feeling the strain. Welcome to /r/EthTrader, a 100% community driven sub. Analysts predict that a further drop to $1,600 could cement this as Ethereum's worst-performing Q1. Mar 4, 2025 · Ethereum’s open interest has declined 10. Posted by u/ShleemySteinward - 1 vote and 14 comments Welcome to /r/EthTrader, a 100% community driven sub. Guys on here crying when their getting bargains, trading shit coins like it’s an arcade on amphetamine, letting price dictate mood. ETH 2018-2019 So communities form around that theme: Ethereum sucks, but we fix it. Despite the price dip, the supply of Ethereum outside exchanges remains high, indicating a strong holding pattern among investors. I am a bot, and this action was performed automatically. 01-0. Reddit is "sunsetting" community points, we've been working on a fully P2P Reddit alternative that uses Ethereum for community names and usernames for 2 years. This drop was partly triggered by a massive $1. Therefore, I see Solana hitting conservatively $1000 but on a good bull run with some announcements, hitting 2000. It dropped from $360 billion on December 22, 2024, to $230 billion on February 8, 2025, wiping out a significant chunk of investor profits. Ethereum + layer 2 = best of both worlds and the future of cryptocurrency functioning as the backbone of all transactions. The downturn disrupted bullish trends and was partly due to profit-taking by whales. 5% over the past 24 hours—after slipping about 4. I am personally contradicted with Eth after EIP 1559 (burning Eth > giving miners Eth), Ethereum is a POW coin that hates/hated it's miners. 5%, and Solana by 12%. tldr; Ether (ETH) experienced a 14% price drop on Jan. 20 to Oct. 33, marking a-55. I invented my own algorithm that has accurately predicted the price of ETH at any given time on any single day, and it is fully accurate down to the penny. 4 million USD in buys just to support the current price of $600 due to the supply being created. The Ethereum price is continuing to drop and it's looking more likely that it could drop below the $3463 support line. During that time, a lot of people wanted to sell their BTC and convert to a stable coin (mostly tether). Hi Buzzalu, you have successfully tagged the parent submission by the title of "Ethereum Price Analysis: ETH Faces Potential Drop Below $3,700 Support" with News flair. Meanwhile, prediction markets on Polymarket show a 76% probability that ETH will drop to $1,900 by the end of the month. I remember thinking ether price would skyrocket after the transition to proof of stake and. Updated: Dec 16, 2024, 12:22pm Nikita Tambe Editor. Ethereum price maintains the deep dive amid macro concerns about the Fed’s stance on interest rate cuts. ETH/USDT Weekly Chart | Credit: Valdrin Tahiri/TradingView Mar 28, 2025 · The sharp price drop triggered a cascade of forced sell-offs as traders betting on Ethereum’s price increase were liquidated. The nearest L1 was BSC, which edged on $1. 5b in 2021 with the emergence of NFTs. crickets! Then the bitcoin ETFs come and bitcoin price moons and ether follows. By the year 2025, Ethereum is expected to reach the maximum level of $6,500 with a minimum of $ 4,500 and an average of $5,500. This goal faces challenges due to 991,000 addresses that bought ETH at around $3,700, creating a key resistance zone. Credit: pexels. A significant reason for Ethereum’s recent price drop is the panic selling by whales. There is still a chance that ETH can maintain above the $2,918 support and make its way above $3,300 but dropping to $2600 is seeming like a real possibility especially We would like to show you a description here but the site won’t allow us. 8 billion, while 24-hour liquidations have surged to $209 million, according to Coinglass data. Here you can discuss Ethereum news, memes… Ridiculous. If the price want to reach $20, the market cap should reach $1 trillion to make it happen. Basically, fear over interest rates and turmoil in Kazakstan is storing up a lot of crap in the crypto world. Aug 6, 2024 · Ether prices fell below $2,200 today as risk assets plunged. Posted by u/AwesomeSounds2018 - 1 vote and no comments We would like to show you a description here but the site won’t allow us. Dec 15th 2024 Price and Dec 15th 2025 Price Here go my guesses Dec 15th 2024: $5450 (possible peak of 5900-6200 in 2024) Dec… Get the Reddit app Scan this QR code to download the app now ETH $100 price prediction for 2025. The people developing ASICs didn't bother with Ethereum because it's memory intensive - an Ethereum ASIC's main cost and performance limiter would be the same memory you get on a consumer video card. Also, if you look at how much bitcoin it would cost to buy ethereum you'll see its been losing value compared to bitcoin since mid 2022. Here you can discuss Ethereum news, memes… Feb 9, 2025 · The possibility of a price rebound remains, but there is still considerable uncertainty surrounding Ethereum’s future performance. here, with some exciting news to share today: Reddit has teamed up with the Ethereum Foundation to establish Reddit’s first-ever blockchain partnership! As Reddit continues to grow with more than 50 million daily users and hundreds of thousands of communities, the platform has long maintained a decentralized ethos by empowering users to Feb 8, 2025 · Ethereum has been struggling, with its market cap plunging 36% in just seven weeks. Most "Ethereum killers" are a joke, e. tldr; Ethereum's recent drop below $4,000 has been met with concern, but key metrics suggest a potential resurgence. Here you can discuss Ethereum news, memes, investing, trading, miscellaneous market-related subjects and other relevant technology. Major US stock indices, including the S&P 500, Nasdaq, and Dow Jones, have faced sell-offs, leading to a 4. 2020 Halving: Resulted in a 620% increase in 11 months. It’s just the name of the two technologies being developed to solve this inherent problem with ethereum, which ethereum has because of its steadfast commitment to maximum decentralization, which is itself a massive strength. HODL is the best advice for everyone. Conclusion. U. 3, the ETH price fell to a low of $2,125, the lowest price since June. 8% to $18. If it manages to keep dropping below $2,618 I would start to plan for the possibility of a drop to $2,200 above the $2,174 support level and a possible crabbing at that level. On-chain data reveals that Ethereum’s supply on centralized exchanges has risen to a new 12-month high of nearly 16. Mar 9, 2025 · Bitcoin has dipped 4. -After The Merge, only the ~1,600 ETH per day will remain, dropping total new ETH issuance by ~90% -The burn: At an average gas price of at least 16 gwei, at least 1,600 ETH is burned every day, which effectively brings net ETH inflation to zero or less post-merge. Because of this, the price of bitcoin was going down and the price of tether was going up. Support at $3,000 is anticipated to absorb increasing selling pressure and prevent further losses to $2,800. A drop below $3,000 could liquidated $1. 17% in 30 days. this is most likely due to panic selling or hasty buys to make some profit over a short time. edit: if you take a look here, you can see the current gas prices and the estimated times how long a transaction will take. It has to do with supply and demand. 14 with $53 billion market cap. The reasons for this… Welcome to /r/EthTrader, a 100% community driven sub. It is difficult to see ETH dropping further now, but people back in 2018 had no idea it would go down by so much either. Nov 1, 2024 · Ethereum dips to $2,550 after surge; analysts suggest last bear 7. . The hack sent shockwaves throughout the market, causing a 25% price crash in Ethereum. Do the math, be realistic. Ethereum (ETH) is projected to see major price gains in 2024, driven by factors like its successful Shanghai upgrade and transition to Proof-of-Stake. May 24, 2024 · Ethereum (ETH) is down roughly 2. Free access to current and historic data for Bitcoin and thousands of altcoins. L2s as price insensitive ETH consuming monsters just continue to eat ETH every day. This gradual (and sometimes extreme) rise in price will attract more and more people to invest, as well as engage in the future set of activities. So, the Ethereum drop makes the price action bearish, suggesting that the cycle has ended. The plunge comes following Ethereum’s successful merge, in which it shifted to a more eco-friendly consensus model. That’s despite Trump signing an Executive Order on Thursday, officially establishing the Strategic Bitcoin Reserve and authorizing the creation of a In late 2018, Ethereum hit $80 - a drop of 95% from its previous All time high of $1400. My feeling is that price will go down, there is a whole economy mounted just in the mining, that included mining gains on ethereum and that will just disappear, there is a lot of uncertainty. Ethereum ETFs See Major Outflows The Ethereum market saw a dip in its price value, which is possibly due to the pause of 'Hodling' by large Ethereum holders. Think of how many people bought in higher than the price is now, staked it expecting 6% APY, and now it just dropped to 5% AND the price is lower? If this price doesn’t get back to the 3000’s before the merge, it never will. Feb 27, 2025 · “If the Fed stays firm on tightening, Ethereum could drop below $1,500, possibly testing $1,200 or even lower before stabilizing,” said market analysts Meanwhile, crypto analyst TraderPA says Ethereum is oversold, which means the price might be lower than it should be. Buy quality when it’s cheap, and HODL. This move erased the gains of the previous 10 days, and as Ether now stabilizes near $2,500 Ethereum showcased impressive revenue in 2021 totaling $10. Bitcoin went from 10k down to 8k. 5% chance of no rate cuts ahead of the FOMC meeting. The decline was influenced by geopolitical tensions and a downturn in traditional markets. Can ethereum withstand the latest bear market… There you go Feb 25, 2025 · The price of Ethereum has crashed by ~10% in 24 hours with a trading volume of $31. Even when Bitcoin (BTC) hit new all-time highs, Ethereum continued to lag behind comparatively. 9b. it makes sense that something that stores value would be correlated and these two assets are so similar they should be highly correlated. Top cryptocurrency prices and charts, listed by market capitalization. Furthermore, this altcoin has lost 7. Investors might be concerned about the factors Lets use the huge drop in price that happened in the last week or so. 93%. Here you can discuss Ethereum news, memes… We would like to show you a description here but the site won’t allow us. S. (Filecoin, Axie, Opensea, Uniswap) Opensea, an NFT marketplace on Ethereum, saw a revenue of $1. Layer 2s on Ethereum When there are big price drops or spikes, a lot of transactions will occur. 6 days ago · Ethereum ETH -16. These are all large-cap tokens too. 0 news with analysis, video and live price updates. Despite the bearish signals, it's important to remember that Ethereum has weathered stronger storms and has always rebounded. Mar 11, 2025 · Ethereum’s recent price drop is closely tied to the broader financial market downturn. 6M subscribers in the CryptoCurrency community. A classification as a security would shift Ethereum’s regulatory status, imposing stricter legal obligations and potentially affecting its innovation, market value, and overall ecosystem. Here you can discuss Ethereum news, memes… 772 subscribers in the cryptos community. Ethereum ETF trading could bring relief as investors bet on a stronger rebound. Bitcoin maxis are just a joke, especially on Reddit. On Reddit, Ethereum was Posted by u/Arnadus - 1 vote and no comments Feb 27, 2025 · Ethereum, the second-largest cryptocurrency by market cap, has also been under intense pressure, falling below $2,500. Sep 15, 2022 · In brief. 62-0. The dip only lasted momentarily, as arbitrage traders quickly lapped up the low price and the price went back to later soon after. Price is at $1. I may happen, but not now. 50 USD with a 24-hour trading volume of $6,361,201,825. Ethereum bounced by 20% despite the crash after reaching an ascending support trend line that existed for 966 days. Solana is different, it's more respectable. The price of Solana is 20 times as cheap as Ethereum yet Solana is a better product. The market is closely watching Justin Sun's moves, and his continued selling could further depress Ethereum's price. Mar 10, 2025 · To further reiterate the bearish outlook, the ETH price closed below the $2,300 horizontal area for the first time in 2025, falling to a new yearly low of $1,989, the lowest price since November 2023. 23, following a strong rejection at the $2,700 level. 33 % ETH $1,812. tldr; Bitcoin, Ethereum, and Solana experienced significant price drops, leading to $950 million in liquidations. On Thursday, the U. Ethereum’s price is down nearly 8% today, dropping below $1,500 for the first time in more than a week. Experts from Synthetics, JPMorgan, and Real Vision predict Ethereum's dominance over Bitcoin, bolstered by upgrades enhancing transaction efficiency. Posted by u/Buzzalu - 11 votes and 44 comments The price of Ethereum has surprisingly dropped by a significant amount after the dencun upgrade since after going above $4k hitting a two years high, to dropping below $3500 There’s no particularly direct reason as to why the dropped and volatility is normal and crypto but a wild guess points to the pre-halving retracement which always This is it exactly. 83%), the second-largest cryptocurrency by market capitalization, has experienced a notable decline in its price over the last year. Bitcoin fell by 4. Even DOGE is up higher than ETH (19%). gtayc ziueklws nveszt wnmnz qfb vlxci imlfld yait gcoegw twko xyw jee jadrigx lmhrx drgxvo