Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Will Ethereum’s (ETH) Fortunes Return? Analytics Firm Cites Surprise Moves

Will Ethereum’s (ETH) Fortunes Return? Analytics Firm Cites Surprise Moves

BitcoinsistemiBitcoinsistemi2025/02/09 04:22
By:Mete Demiralp

Will Ethereum, the world's largest altcoin, see its fortunes reverse after its recent underperformance?

Cryptocurrency analytics firm Santiment has published a new assessment of Ethereum (ETH), which has been criticized by the crypto community for its recent poor price performance.

Ethereum’s total market cap has fallen by 36% compared to just seven weeks ago. According to the analytics firm, this decline has brought a major drop in the percentage of ETH currently in profit since its initial release. When the percentage of coins in profit at the time of the daily close is evaluated, it has fallen to its lowest relative value in the last four months, and in terms of the number of coins in profit, it has marked a three-month low.

 
 
 

According to Santiment analysts, the crypto community has become increasingly negative towards the world’s second-largest cryptocurrency due to its poor performance compared to other major altcoins. Given the rising FUD and the increasing tendency of retail investors to sell their coins, analysts predict that there could be surprise jumps in ETH prices as the cryptocurrency market begins to stabilize.

The world's largest altcoin is trading at $2,622 at the time of writing.

 

*This is not investment advice.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

AI and Interest Rate Reductions Propel JPMorgan's 8,000 S&P Projection for 2026

- JPMorgan forecasts S&P 500 hitting 8,000 by 2026 driven by AI growth, Fed rate cuts, and corporate buybacks. - Elevated market multiples justified by AI-driven earnings and fiscal policy, but oil price risks and policy shocks pose challenges. - Crypto markets may benefit from risk-on environment, though regulatory delays and liquidity risks persist amid K-shaped economic divergence.

Bitget-RWA2025/11/28 07:52

South Korea Addresses Crypto Oversight Gap by Broadening Monitoring of Minor Transactions

- South Korea expanded crypto Travel Rule to 1 million won, targeting financial crimes by tracking small transactions previously unmonitored. - VASPs must now share sender/receiver data for low-value transfers, while high-risk exchanges face blocks and shareholder background checks. - The policy aims to prevent illicit activity by closing loopholes but raises concerns about user convenience and compliance costs for exchanges. - Global attention focuses on South Korea's approach as a potential model for bal

Bitget-RWA2025/11/28 07:52
South Korea Addresses Crypto Oversight Gap by Broadening Monitoring of Minor Transactions

Analyst Claims XRP Mirrors Ethereum’s 2017 Pattern 20x Rally

Quick Take Summary is AI generated, newsroom reviewed. XRP is forming a price structure similar to Ethereum’s 2017 pre-explosion setup. Analyst Paul GoldEagle predicts a potential 20x surge to $60. Recent price action shows XRP consolidated between $2–$3, mirroring ETH’s 2016–2017 range. Other analysts, including EGRAG and CryptoInsightUK, have targets between $33 and $50. Regulatory developments and broader crypto momentum remain key variables.References X Post Reference

coinfomania2025/11/28 07:45