News section

Ethereum co-founder Vitalik Buterin sold 2,961.5 ETH worth $6.6 million at an average price of $2,228 this week. The event triggered speculations among crypto community members that he could be dumping the cryptocurrency.

Bitcoin traded near $89,400 as December closed with tight consolidation and rising uncertainty. After a volatile month, price action slowed into a narrow range. Consequently, traders focused on whether buyers could regain control or sellers would extend the corrective phase.

Bitcoin’s dominance over the crypto market has taken a sharp turn, slipping to 59.2% and breaking below several key technical levels. This decline could be a major turning point, signaling that the long-awaited altcoin rally is about to begin.