Ethereum News Daily Official TheBitTimes.com

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...