Ethereum price

A massive sell-off in cryptocurrencies wiped over $200 billion of wealth from the market in just 24 hours, according to estimates from price-tracking ...

According to the chart provided by Santiment, Ethereum whales fired off a total of 2,956 transactions, each valued at $1 million or more on May 11, marking the ...

Ethereum suffered liquidations worth $352 million over the last 24 hours. Cryptocurrencies dropped alongside the equities market after the Bureau of Labor Statistics reported that consumer prices for April rose 8.3%, which was slightly higher than expected by economists polled by Dow Jones. As the asset is being put up for sale, this leads to its availability on exchanges and a consequent drop in price. Santiment notes that this kind of whale transaction might be something to watch as Ethereum drops beneath the $2,000 mark. Ethereum's transaction volume also reached an 11-month high of 127,411.285 ETH, per Glassnode alerts. 🐳— Santiment (@santimentfeed) #Ethereum's whales have been extremely active today, firing off 2,596 transactions valued at $1M or more.

Treasury Secretary Janet Yellen said that financial regulators would soon release a report on the risks of cryptocurrency and other digital assets.

It's why the President signed an [executive order] outlining the first ever whole-of-government approach to addressing the risks and opportunities of digital assets. Both bitcoin and its rival, ethereum, are down about 30 percent in the past seven days. She added that legislation on stablecoins could be crafted by 2023.

The price of ethereum has dropped dramatically amid a major crash in the cryptocurrency market. Ethereum, the second biggest digital coin, was hardest hit ...

It has lost more than 20 per cent in the last 24 hours, with its price dropping below the $2,000 mark that is held as a milestone. That selloff was partly the result of increased worries about inflation. As such, its drop has caused worries across the market.

Ethereum (ETH) price predictions are on the minds of investors Thursday as they struggle with the ongoing crypto crash today.

InvestorPlace is home to all the latest crypto coverage traders need to know about. ETH is down 13.7% over the last 24-hour period as of Thursday morning. Investors wondering what’s to blame for the crypto crash can point to a few different things.

Cryptocurrencies continue to come under pressure as investors digest the macro outlook.

Additionally, the Fed has indicated that it will begin reducing its $9 trillion asset balance sheet and will eventually ramp up to running off $95 billion of bonds by September. This will effectively remove liquidity for the markets, which means there could be less money to support riskier assets and higher valuations. "I think the market is expecting some forced selling [of Bitcoin] here on the part of Terra and the reserve," Nic Carter, co-founder of Coin Metrics, told CNBC earlier this week. Broader crypto concerns have also arisen due to issues with stablecoins, which are digital assets pegged to some kind of commodity or fiat currency. Over the last 24 hours, the price of the world's largest cryptocurrency, Bitcoin ( BTC -0.40%), traded down roughly 2.5% as of 12:57 p.m. ET. The price of Bitcoin is currently hovering below $30,000. The Fed has now raised its overnight benchmark lending rate, the federal funds rate, by roughly 0.75% in just two meetings, including a full half-point move at its latest meeting. The entire cryptocurrency market recently lost $200 billion in a single day.