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Ethereum (ETH) has reclaimed the $2700 price level for the first time since January 2026. CoinGecko data shows that ETH’s price has rallied by 9.2% in the last week and 13% over the last month. ETH’s rally comes amid a market-wide resurgence, with Bitcoin (BTC) climbing to the $85,000 mark. Let’s discuss why the cryptocurrency market is up today, and if Ethereum (ETH) can hit $3000 next. Source: CoinGecko Why Is Ethereum Up Today, And Will It Hit $3000 Next? Source: Pixabay Ethereum (ETH) and the larger cryptocurrency market rally is rather perplexing. The rally comes amid largely bearish market conditions. Firstly, the market took a hit after the US Senate voted against the highly anticipated pro-cryptocurrency CLARITY Act. Then came another blow in the form of the Federal Reserve raising interest rates by 25 basis points to combat rising inflation. Both developments should have led to a market dip, however, Ethereum (ETH) and the larger market seems to be defying the...

Ethereum (ETH) is facing a price correction amid a larger market dip. According to CoinGecko data, ETH’s price has fallen 1.3% in the last 24 hours, 1.5% in the last week, and nearly 4% in the 14-day charts. However, the second-largest cryptocurrency by market cap has maintained a 14.1% rally in the monthly charts and 26.6% since late April 2025. Let’s discuss what could be behind ETH’s latest price dip. Source: CoinGecko Why Is Ethereum Facing A Price Correction? Source: Pixabay Ethereum’s (ETH) latest price dip comes amid a market-wide decline. Bitcoin (BTC) climbed to the $79,000 mark on April 27, but has since fallen to the $76,000 level. BTC’s price correction may have triggered a market-wide dip. Bitcoin (BTC) is the market leader, and other assets tend to follow its trajectory. Ethereum’s (ETH) price correction comes in tandem with whales moving more than $100 million worth of coins to exchanges. The movement of assets from wallets into exchang...

Harvard Management Company has sold its entire $87 million worth of Ethereum (ETH) according to its Q1 13F filing with the SEC. The Harvard Management Company is the entity that manages Harvard University’s endowment fund. The Q1 exit came amid a market-wide downtrend for the crypto sector, with ETH falling to the $1800 mark in early February. Why Did Harvard Exit Its Ethereum Position? Source: Pixabay Ethereum (ETH) has faced quite a price dip over the last few days. According to CoinGecko data, ETH’s price has dipped by 0.2% in the last 24 hours, 6% in the last week, 6.7% in the 14-day charts, and 10% over the previous month. Source: CoinGecko It is possible that Harvard Management Company anticipated Ethereum’s (ETH) price to dip, given the bearish market forces. The US-Iran war was in full effect in Q1 of this year, and macroeconomic worries were piling up. The latest inflation data has come in higher than expected, which has significantly reduced the chances of an interest rate cu...

According to reports, BlackRock has sold more than $2 billion worth of Bitcoin (BTC) and Ethereum (ETH) in the last 10 days. The world’s largest asset manager saw $1.92 billion worth of BTC and $320 worth of ETH. BlackRock’s sell off came amid a market-wide correction. Bitcoin (BTC) fell to the $61,000 price level on June 4, 2026, while Ethereum (ETH) has fallen to the $1700 level today. UPDATE: BLACKROCK OUTFLOWS HIT $2.24 BILLION 30,119 $BTC ($1.92B) and 161,829 $ETH ($320M) exited over the last 10 days. https://t.co/SnAiDLbgKp — Coin Bureau (@coinbureau) June 4, 2026 Why Did BlackRock Sell Its Bitcoin And Ethereum? Source: Coinpedia BlackRock has not explicitly disclosed the reasons behind its massive sale. Given the larger market environment, it is possible that the asset manager saw the signs of a market crash, and decided to book profits. Bitcoin (BTC) has erased all gains made since February and may continue to fall further. BlackRock investors may have chosen to move out of the...

Ethereum (ETH) is following the market-wide rebound, registering healthy gains over the last few days. The asset is currently facing some resistance at around $2530. Ethereum (ETH) last traded at $2500 on February 1 of this year. CoinGecko data shows that ETH’s price has risen by 32.4% int he last week, 33.9% in the 14-day charts, and 33.1% over the previous month. Let’s discuss if ETH can hit $2700 this week. Source: CoinGecko What’s Pushing Ethereum To $2500 And Can It Hit $2700 This Week? Source: Pixabay Ethereum’s (ETH) rally comes amid a larger market-wide resurgence. Bitcoin (BTC) has reclaimed the $80,000 price level and other assets are following BTC’s lead. The market rally was triggered after President Donald Trump’s White House cryptocurrency event. Trump invited CEOs and founders of several platforms and companies to further push his administration’s pro-crypto stance. Trump also stated that the US was planning to purchase a large am...

While many Bitcoin users have been engaged in a social media flamewar over the use of individual node-level “spam” filters for most of the year, those involved in the bitcoin (BTC) mining industry have mostly stayed in their lanes, unbothered and flourishing. The Bitcoin block size war involved a number of miners who were very willing to share their opinions on the correct way to scale the network going forward. However, that was a different time. Even with the first Bitcoin Improvement Proposal (BIP) now written for a potential soft fork related to the “spam” controversy, most individual miners and mining pools are more worried about their own business operations and focused on their specialized roles in the wider ecosystem. In the past, coordination with miners had been an integral part of the soft fork process, as the miners were intended to update first to make sure everything went smoothly. While this aspect of the soft fork updating process was politicized during...

Speculations and media reports are rife that a few BRICS members are considering leaving the alliance. Russian Foreign Ministry Spokeswoman Maria Zakharova addressed the media reports that members may leave the association due to threats from US President Donald Trump to impose further tariffs. Also Read: BRICS Hold 76 Million Metric Tons of Rare Earth Minerals, US Owns 1.9M BRICS Alliance: Are Member Nations Ready To Leave the Bloc? Source: Reuters Zakharova confirmed that Russia has not received any official information about BRICS members planning to leave the alliance. She stressed that even after the US imposed tariffs on all member nations, they still stand with the bloc and are not bowing down to the intimidation tactics of the White House. “The Russian side has not received any information about leaving BRICS or about the intention to leave its ranks from any member of the alliance, although US tariffs are already in effect for many of them,” said Zakharova. Also Re...

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