Ethereum (ETH) Price

Bhutan is expanding its blockchain efforts by deploying a Sei validator in Q1 and exploring tokenization collaborations, building on existing projects like Bitcoin mining and an Ethereum-based self-sovereign ID system.

ETH, SOL, and ADA dropped 5% amid a global risk-off move driven by Trump's trade threats, EU tensions, and a sharp selloff in Japanese bonds, prompting investors to exit high-risk assets.

Crypto markets dropped sharply on January 21, 2026, with BTC down 4% and ETH falling over 7% below $3,000 amid Trump tariff concerns. CeFi tokens led losses, while a few select altcoins like River and Keeta gained. Broad sell-off affected DeFi, L1, L2, and other sectors.

Ethereum price dropped below $3,000 after failing to hold above $3,200, entering a bearish phase with key resistance at $3,020. Further losses could target $2,880 or lower, while a rebound above $3,120 may revive bullish momentum. Technical indicators remain weak, signaling ongoing downside risks.

On March 15, 2025, over $830 million in leveraged long positions were liquidated in the crypto derivatives market, primarily affecting Bitcoin and Ethereum due to a cascade effect triggered by price drops, excessive leverage, and automated selling. The event highlights the risks of high-leverage trading and serves as a market correction, removing speculative excess and reinforcing the need for strong risk management.

BitMine acquired $110 million in ETH, bringing its total holdings to 4.2 million ETH (3.48% of supply), nearing its 5% target. Despite the accumulation, ETH fell below $3,000, retesting key support levels amid market volatility. Analysts watch $3,000 and the 50-day MA for potential reversal or further downside.

MegaETH's testnet achieved a 10-millisecond block time, showcasing its potential to reach 15,000–35,000 transactions per second during a 7-day mainnet stress test, outperforming existing blockchains in speed.

Tom Lee of Fundstrat anticipates a difficult beginning to 2026 but remains optimistic about Bitcoin reaching a new high later in the year.