NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Ethereum (ETH) Struggles To Break Past $2,600: What’s Driving ETH Down?

Sebastian Villafuerte
Sebastian Villafuerte
10 months ago
3 mins read
Ethereum (ETH) Struggles to Break $2,600 Resistance: What's Driving ETH Down?

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Ethereum (ETH) has been trading within a daily range between $2,300 and $2,800 since the start of August. Over the past three days, the price has struggled to break past the $2,600 mark, raising concerns among analysts and investors. 

Related Reading

Ethereum

Ethereum Price Freefalls 20% Following $600 Million ETH Liquidation

10 months ago

This performance has led to disappointment, particularly when compared to Bitcoin’s stronger showing this year. Critical data from Farside Investors reveals decreasing interest in Ethereum ETFs, which has added to the cautious sentiment surrounding ETH. This decline in interest may indicate broader concerns about Ethereum’s future performance. 

As ETH continues to face resistance at the $2,600 level, the market remains uncertain about its ability to break higher. The next few days will be critical in determining whether Ethereum can regain its momentum or if it will continue to lag behind its peers. The market is closely watching these developments, making this a pivotal moment for ETH.

Ethereum ETFs’ Underwhelming Performance 

The launch of Ethereum ETFs was anticipated with great excitement, but it quickly became a “sell the news” event. Data from Farside Investors reveals that Ethereum ETFs have flopped in performance since their debut. Both inflows and outflows have gone to virtually zero, reflecting a lack of sustained investor interest. This response contrasts sharply with the enthusiasm that preceded their launch.

Ethereum ETF Flows aggressive slowdown.
Ethereum ETF Flows aggressive slowdown. | Source: US Spot ETH ETF Flows data from Farside Investors

Moreover, Bloomberg data shared by Galaxy Research highlights that Ethereum ETFs are trading at significantly lower volumes compared to Bitcoin ETFs. This discrepancy is notable, particularly when considering the ETH/BTC trading volumes and market cap ratios on centralized exchanges (CEX). Despite Ethereum’s strong market presence, these ETFs are not capturing the same level of investor attention as their Bitcoin counterparts.

Ethereum ETFs are trading significantly less volume than the Bitcoin ETFs. Source: ETH ETF Volumes vs. BTC ETF Volumes by Bloomberg
ETH ETFs are trading significantly less volume than BTC ETFs. Source: ETH ETF Volumes vs. BTC ETF Volumes by Galaxy Research

The current data suggests that, under prevailing market conditions, investors are more inclined to favor Bitcoin or even explore alternatives like Solana over Ethereum. The lack of enthusiasm for Ethereum ETFs underscores the broader market sentiment, where Bitcoin continues to dominate, leaving Ethereum and its financial products trailing. This development raises questions about the future appeal of Ethereum ETFs and whether they can gain traction in an increasingly competitive market.

Related Reading

Solana (SOL) Funding Rate Signals A Decline: Investors Expect $130

10 months ago

ETH Price Action

Ethereum (ETH) is currently trading at $2,522, reflecting a period of uncertainty as it remains below the $2,600 mark since last Tuesday. This price point is significant because $2,600 served as a strong support level throughout most of August. The fact that it has now turned into resistance suggests that ETH could be facing further declines in the near term.

ETH price trading below $2,600.
ETH price trading below $2,600. | Source: ETHUSD 4-hour chart on TradingView

For bulls to regain control and steer the price upward, breaking past the $2,600 resistance is crucial. Should this level be breached, the next target would be the local high of $2,820, signaling a potential bullish reversal. However, if Ethereum fails to reclaim the $2,600 level, it could lead to a continuation of the current downward trend, with the next key support level around $2,310.

Related Reading

bitcoin btc btcusdt

Investors Buying Bitcoin (BTC) Over Ethereum (ETH): Key Data Reveals

10 months ago

This ongoing battle between support and resistance levels highlights the importance of the $2,600 mark in determining Ethereum’s short-term price direction.

Cover image from Dall-E, Chart from Tradingview

Tweet123Share196ShareSend
Sebastian Villafuerte
Sebastian Villafuerte

Sebastian Villafuerte

Sebastian's journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies.

Read more

To share his insights with others, Sebastian became an active contributor to online discussions on platforms like X and LinkedIn. His focus on fintech and crypto-related topics quickly established him as a trusted voice in the online crypto community. Sebastian's goal was to educate and inform his audience about the latest trends and insights in the rapidly evolving crypto landscape.

To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance and decentralized finance. The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology.

Sebastian's passion for finance and writing is evident in his work. He enjoys delving into financial research, analyzing market trends, and exploring the latest developments in the crypto space. In his spare time, Sebastian can often be found immersed in charts, studying 10-K reports, or engaging in thought-provoking discussions about the future of finance.

Sebastian's journey as a crypto pioneer has been marked by a relentless pursuit of knowledge and a dedication to sharing his insights. His ability to navigate the complex world of crypto, combined with his passion for financial research and communication, makes him a valuable contributor to the industry. As the crypto landscape continues to evolve, Sebastian remains at the forefront, providing valuable insights and helping to shape the future of this revolutionary technology.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Crypto Founder Pushes Ethereum As World Reserve Asset: A Yield-Backed Store Of Value

Crypto Founder Pushes Ethereum As ‘World Reserve Asset’ – Details

Ethereum has finally broken above the critical $2,850 level, igniting momentum across the broader altcoin market. After weeks of sideways...

Sebastian Villafuerte 2 days ago
crypto scam, crypto

Happy Ending: Crypto Hacker Returns Funds From $42 Million GMX Exploit

In a positive development for the crypto community, the individual responsible for the GMX exploit accepted the platform’s bounty and...

Rubmar Garcia 2 days ago
Ethereum

Ethereum Price Breaks Through 50EMA After Rejection, ETH Dominance Sees Resurgence

The Ethereum price is once again gaining momentum and looks set to reach new highs. Crypto analyst Doctor Profit commented...

Scott Matherson 2 days ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum

Ethereum Chart Confirms Bull Flag Breakout: $3,834 Target Comes Into View

Scott Matherson 19 hours ago
Ethereum

Ethereum Breaks Critical $2,800 Level — Can Bulls Hold For Major Rally?

Semilore Faleti 20 hours ago
ETH ETF

ETH ETF inflows stijgen $320 miljoen voorbij – Ethereum koers rally onderweg?

Lars Diederiksen 1 day ago

Premium Sponsors

Press Releases

  • 4 kryptoměny, které mohou z $1000 udělat milionáře ještě toto léto

    4 kryptoměny, které mohou z $1000 udělat milionáře...

    18 minutes ago
  • 3 altcoina koja vrijedi pratiti u drugom tjednu srpnja 2025.

    3 altcoina koja vrijedi pratiti u drugom tjednu srpnja...

    2 hours ago
  • Mint

    Zak Manhire Launches Mint. io: A Web3 Gaming Platform...

    4 hours ago
  • アルトコイン急騰の今買うべき仮想通貨プレセール

    ...

    19 hours ago
  • 仮想通貨おすすめ|強気市場で爆発的成長が見込まれる注目のミームトークン

    ...

    19 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.