Ethereum (ETH) derivatives trading volume rose by 38% in the past 24 hours to over $110 billion, according to CoinGlass data cited by The Block. The spike is driven by strong inflows into spot ETH ETF...

Ethereum (ETH) derivatives trading volume rose by 38% in the past 24 hours to over $110 billion, according to CoinGlass data cited by The Block. The spike is driven by strong inflows into spot ETH ETFs and renewed interest in DeFi, signaling increased institutional engagement. ETH also outperformed Bitcoin (BTC) in derivatives trading, with BTC recording $84.72 billion during the same period. 

Rachael Lucas, an analyst at BTC Markets, said ETH's trading surge reflects structural growth, rising institutional interest and real utility. She added that ETH is moving beyond its role as the second-largest cryptocurrency to become a core asset in the virtual asset economy.

Ethereum derivatives trading volume jumps 38% in 24 hours

BTC and ETH and other crypto assets rebounded strongly after yesterday's sharp decline. Today, with more "missile exchanges" reported between Iran and Israel, the situation seems to be getting tense.

<Followin> Trading Strategy Plaza, a channel that gathers the best trading strategies from top traders across the internet. Today, traders generally seem bearish on the short-term market trend. Here are some insightful analyses.

1. "Friday's drop and subsequent rebound is just a technical rebound. The E/B exchange rate has again reached the lower line, which is very dangerous. I have partially started shorting ETH and plan to increase my short ETH positions over Saturday, Sunday, and Monday...

Trembling, are BTC and ETH in danger again? 50x "insider" shorted, popular traders stayed up all night to short, whales expressed "pessimism" about the market

Short position traders suffered more liquidations in one hour in XRP market as price fights for recovery

XRP Records Insane 1,773% Liquidation Imbalance In 1 Hour

XRP faces a mixed situation when positive news fails to boost its price. Despite announcements such as the upcoming XRPL EVM mainnet launch and <USDC> integration, XRP has dropped 6.5% in the past three days...