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Ethereum Starts to Climb After Touching All-Time Low

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Ethereum jumped almost 15% in the past 24 hours to trade around $1,800, extending a 30 per cent rebound from its 9 April trough near $1,400. The surge eclipsed Bitcoin’s 6 per cent gain and helped push the total value of all cryptocurrencies back above the symbolic $3 trillion mark. Dominance nudges up after dipping below 7% Ethereum’s share of the overall crypto market had slipped to 7 per cent on 22 April, matching levels last seen in September 2019. TradingView data show the ratio has since clawed back to about 7.5 per cent, easing concerns that alternative smart-contract platforms would permanently erode Ether’s leadership in decentralised-finance liquidity. $ETH has been undervalued for a long time! Let's keep it going!#WhatsTheTicker #ETH #Ethereum pic.twitter.com/l2KXKmBogZ — Tom Tucker (@WhatzTheTicker) April 22, 2025 Analysts point to a combination of technical and macro catalysts. At the macro level, traders welcomed signs that President ...

Memecoin dominance in alt markets is declining: Are traders shifting their focus to fundamentals?

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The dominance of memecoins in the altcoin market has significantly declined since April, with analysts suggesting a shift from speculative trading to focusing on fundamentals.  Despite this trend, memecoin liquidity has doubled since the start of the year, reaching an all-time high of $128 million in early June. This surge in liquidity, even amid declining dominance, indicates a complex market sentiment shift. Data from on-chain analytics firm CryptoQuant shows that memecoins in the altcoin market are facing a steady decline. Ki Young Ju , the founder and CEO of CryptoQuant , highlighted on X (formerly Twitter) the marked decrease in memecoin dominance from September 2022 to May 2024.  Picks for you Opportunity? Gold/silver ratio to bottom in, fuelling gold upwards 2 hours ago ...