Ethereum has crashed below the critical $1,700 level amid a broader crypto selloff. Technical analysis reveals the next crucial targets for ETH price.
Ethereum is struggling below $1,800 as selling pressure and uncertainty keep the price well below the levels that defined the earlier phases of this cycle's recovery.
The second-largest cryptocurrency by market capitalization has breached the critical $1,800 threshold, plummeting to $1,714 during Thursday's trading session. This represents the weakest price point recorded since April 2025.
On June 4, 2026, Kalshi—a prediction market platform operating under CFTC oversight—unveiled Ethereum perpetual futures trading. The offering, branded as “American Perpetuals,” provides US-based traders access to regulated crypto derivatives.
Ethereum's dip signals heightened market volatility, reflecting broader economic uncertainties and potential prolonged bearish trends. Ethereum falls below $1,700 for first time since April 2025: INTEL.
BitMine Circle Technologies ($BMNR) is pivoting toward an Ethereum-focused balance sheet, announcing a $300 million preferred stock issuance designed to fund direct purchases of Ethereum (ETH). The move signals a broader shift among crypto mining firms that are increasingly looking beyond pure mining revenue and toward 'treasury strategies' tied to large-cap digital assets.
Ethereum price started a fresh decline and traded below $1,750. ETH is now consolidating below $1,750 and might continue to move down.
BitMine Immersion Technologies is seeking $300 million through a preferred stock sale that would pay a 9.5% annual dividend and, if approved, be listed on the New York Stock Exchange. The filing gives the Tom Lee-led company fresh money it can use to add more Ether while tying investor returns to a board-declared cash payout.
Bankless co-founder, Ryan Sean Adams, addressed the Ethereum community launching a strong warning. The entrepreneur assured that the network will be remembered as a failed project if ETH does not consolidate as a global settlement asset.
Ethereum's dominance in RWA tokenization could significantly boost its network revenue and solidify its position in the global financial system. Ethereum leads RWA market cap growth across all sectors over three years.
Ongoing volatility has overshadowed the Ethereum markets, which has caused its price to drop back to the $1,700 threshold. Despite the heightened bearish pressure around the leading altcoin, funding rates on crypto exchanges have started to experience a sudden uptick, reaching new highs.
Unclaimed crypto assets highlight the importance of vigilance and proactive management in digital finance, impacting user trust and asset recovery. Euler notifies user of $73K in unclaimed ETH from recovery process.