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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...

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The cryptocurrency market has struggled to gain momentum for most of this year. Bitcoin (BTC) is trading at levels not seen since November 2024. The global crypto market cap has dipped 6.1% in the last 24 hours to $2.79 trillion. Also Read: ONDO Cryptocurrency to Surge 110% In March Amid TVL Climb? Cryptocurrencies Continue To Bleed Amid Global Trade Wars Source: Watcher Guru The crypto market took a big hit after the US announced that it would impose tariffs on the European Union (EU). The EU has also said it will reciprocate with a similar move against the US. The US has also implemented tariffs against Canada and Mexico. The trade disputes have taken their toll on investor sentiment. Risky assets, such as cryptocurrencies, have seen a significant outflow of capital. Also Read: Shiba Inu Cryptocurrency Price Prediction: 2025 Another Big Year? There have been a few bullish developments within the crypto sphere. The US announced its Strategic Bitcoin Reserve recently. The US also autho...

A widely followed crypto analyst is highlighting whale activity surrounding popular crypto assets such as Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP during this week’s market dip. In a new thread on the social media platform X, crypto strategist Ali Martinez tells his 98,300 followers that deep-pocketed investors have loaded up on smart contract platform Cardano during the last two days. “Cardano whales bought over 80 million ADA in the last 48 hours!” Source: Ali Martinez/X Cardano is trading for $1.14 at time of writing, a 6.22% decrease during the last 24 hours. Moving on to the dog-themed meme asset Dogecoin, Martinez notes that whales holding between 10 million and 100 million DOGE bought a staggering 210 million tokens during the digital asset’s latest correction earlier this week. Source: Ali Martinez/X Dogecoin is trading for $0.402 at time of writing, a 4.7% decrease on the day. Going to the top crypto asset by ma...