Ethereum Dips Below $2,500 Amid Bearish Pressure—Will It Recover?

Quick Summary:

Ethereum (ETH) has slipped below the $2,500 mark, resulting in an 11.54% decline in the past 24 hours.

The dip in the ETH market occurs amidst global crypto market weakness and the recent Bybit hack, resulting in the theft of approximately $1.4 billion worth of Ethereum.

According to data from CryptoQuant, while Ethereum’s taker buy-sell ratio increases, Bitcoin’s is showing signs of decline.

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Article Details

Author / Journalist: Zayan

Category: Crypto

Markets: United Arab Emirates

Topics: ETHEREUM Ethereum News Market Updates Cryptomarket ETH

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-25 @ 10:41:52 (14 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 449 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 26435905

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 41 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

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News Language: English

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Publisher ID: #125

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