Bitcoin price fell to near $70,000 on Friday following a sharp rebound the 
previous day. A looming BTC options expiry event is now keeping investors on 
edge as the market anticipates potential volatility. According to data from 
crypto.news, Bitcoin (BTC)…

Will Bitcoin price drop below $70K as $2.2B BTC options expiry looms?

As the crypto market bounces from the latest shakeout, Ethereum (ETH) and 
investment products based on the King of Altcoins recorded a remarkable 
single-day performance, potentially setting the stage for further recovery. 
Related Reading: Bitcoin Surge To $74,000 Fueled By US Institutions, Coinbase 
Premium Signals Ethereum ETFs Recover Amid Market Bounce Ethereum-based spot 
Exchange-Traded Funds (ETFs) recovered from Tuesday’s weak performance and 
recorded their best single-day in nearly two months, with $169 million in 
inflows on Wednesday. According to SoSoValue data, the category saw the 
highest netflow since January 14, when it drew in $175 million. Notably, the 
mid-January crypto market correction triggered massive outflows for investment 
products, with funds based on the two largest crypto assets, Bitcoin (BTC) and 
ETH, showing the weakest performance. Ethereum ETFs saw a five-week negative 
streak, bleeding $1.38 billion during this period. However, the funds ended 
their weekly outflow run last week after posting inflows worth $80.46 million. 
So far, the products have drawn in $197.35 million this week, potentially 
setting a base to register their best weekly performance since January 16, 
when it closed the week with $479.04 million. Alex Kuptsikevich, chief market 
analyst at FxPro, recently highlighted that the strength of crypto ETFs, 
despite growing geopolitical tensions and financial markets’ selloff, could be 
seen as “a victory for cryptocurrencies,” suggesting that some traders may be 
considering digital assets as a safe haven. Meanwhile, James Butterfill, head 
of research at CoinShares, emphasized that “recent client discussions have 
been almost entirely focused on identifying entry points rather than reducing 
exposure to the asset class.” ETH At A Structural Decision Point Ethereum’s 
price climbed 12% on Wednesday, its highest level since February 4. Amid the 
market recovery, the cryptocurrency reclaimed the $2,100 barrier and reached a 
one-month high of to $2,199 before retracing. The king of altcoins has been 
trading between the $1,825-$2,150 levels since the early February breakdown, 
unable to break past the upper boundary of its local range. Analyst Rekt 
Capital pointed out that ETH closed the month just below a crucial multi-year 
ascending trendline, which has served as macro support and a decisive 
directional point over the years. This places the price in a structurally 
bearish position, as it enables a monthly retest of this level as resistance 
instead of support. The analyst emphasized that if this trendline becomes a 
resistance, it would confirm a breakdown from the macro structure and increase 
the likelihood of a deeper move into a key horizontal zone and historical 
demand cluster situated around the $1,600 region. “If Ethereum rejects from 
the trendline and the current bounce retraces in full, that rejection would 
signal the trendline dissipating as support and confirm the breakdown 
scenario,” he stated. Related Reading: Pundit Says XRP Price At $100 Is Not 
Insane If You Understand This However, he noted that bearish continuation is 
not confirmed yet, explaining that if ETH manages to reclaim the trendline as 
support in the monthly timeframe, the horizontal zone and historical supply 
area around the $2,250-$2,500 levels could act as a relief cluster “where 
price may rally before the market determines its next directional move.” “For 
now, Ethereum remains at a structural decision point around the multi-year 
trendline,” he concluded. Featured Image from Unsplash.com, Chart from 
TradingView.com

Ethereum ETFs Record Best Single-Day Performance Since January With $169M Inflows

Cardano’s native token ADA is drawing renewed attention after the Cardano 
Foundation announced that the cryptocurrency can now be used for payments at 
Spar supermarkets across Switzerland, marking a real-world adoption milestone 
for the blockchain network. According to the foundation,…

Cardano price prediction as ADA accepted at 137 Spar stores in Switzerland

Nedbank has partnered with Crypto.com to develop blockchain-powered payment 
and settlement solutions across Africa. The collaboration aims to reduce 
cross-border transaction costs while expanding access to digital dollar 
liquidity through USDC. Africa’s Banking Future Gets Blockchain Boost From 
Nedbank Partnership Nedbank has announced a strategic partnership with 
Crypto.com to explore blockchain-powered payment and settlement solutions […]

Nedbank and Crypto.com Partner to Transform African Payments

Short-selling firm Culper Research says it has taken a bearish position 
against Ethereum’s native token and companies closely tied to it, arguing that 
the blockchain’s economic model is deteriorating following recent network 
changes. Short seller Culper targets Ethereum and BitMine…

Cryptocurrency price in KRW