Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Ethereum’s struggles continue as analysts predict Ether’s price could be set to drop even further as exchange-traded fund (ETF) outflows and macroeconomic fears continue to mount, Mt. Gox made its second Bitcoin move in a week, and cyberattackers target Elon Musk’s X.
Ether is struggling to reverse a near three-month downtrend as macroeconomic concerns and continued selling pressure from US Ether exchange-traded funds (ETFs) weigh on investor sentiment.
Ether (ETH) has fallen by more than 53% since it began its downtrend on Dec. 16, 2024, after it had peaked above $4,100, TradingView data shows.
