A crypto analyst has shared a new report from Etherealize, a leading crypto research firm, which projects how high the Ethereum price could reach if its market capitalization were to match that of gold. The expert believes that, beyond price action, the Ethereum network could also evolve into a global settlement layer, further solidifying its position in the crypto space.
Bitcoin has followed its current script before. According to one crypto analyst, it may be doing so again, and if history holds, the next move is not upward.
Nvidia's stronger-than-expected results and bullish AI outlook lifted crypto mining stocks tied to data center and high-performance computing demand, even as the chipmaker's shares fell due to growth concerns.
Bitcoin is facing stronger macroeconomic pressure after CME FedWatch data showed a 54.1% probability of a Federal Reserve rate hike by December 2026. Rising Treasury yields and a stronger U.S. dollar are reducing demand for risk assets, while spot Bitcoin ETFs recorded nearly $980 million in outflows across 2 trading sessions.