HoldCoin narxHOLD

✳️Ethereum Price Today: Could $ETH Plunge Below $1,000 Amid Market Turmoil? The crypto market has seen a bloodbath throughout February, with Bitcoin plunging to its 2021 low and trading at $86K while the second largest altcoin Ethereum is also facing intense turbulence. ETH dropped below $2,500 after a massive $1.5 billion hack on Bybit, allegedly led by North Korea’s Lazarus group, triggering a 25% price crash. Now, analysts warn Benjamin Cowen warns that ETH could sink even lower, possibly below $1,000, before any meaningful recovery.  🔵Bearish Signals Stack Up ETH’s recent price movement has been largely bearish, with its breakdown below crucial support indicating that further downside could be imminent. The provided chart suggests that $ETH could mirror past capitulation events from April and August, potentially bottoming out below $1,000. If history repeats itself, such a steep decline might be followed by a strong rebound, but only if macroeconomic conditions align favorably. Not to forget that the Federal Reserve’s stance on quantitative easing (QE) is a critical factor influencing ETH’s outlook. Currently, no signs indicate that the Fed is ready to inject liquidity into markets, which could worsen the downward trend. If this tight monetary policy continues, Ethereum could fall below $1,500 and can go toward $1,200 or even sub-$1,000 before stabilizing. 🔵Can Ethereum Recover? A shift in the Fed’s monetary policy could be the catalyst $ETH needs for a reversal. Historically, Ethereum has benefited from increased liquidity following QE events, often leading to an ETH/BTC ratio surge. If the Fed reintroduces stimulus measures by March 2025, Ethereum could rebound significantly.  For now, Ethereum remains under heavy pressure, with analysts cautioning that the worst might not be over. However, should $ETH hold above $2,000 amid improving market conditions, a recovery to the $3,500–$4,000 range remains on the table.

$OGC why i hold this useless token?

hold coin🚀

zoo will go 0.5 just hold and watch

Russia is delaying the mass rollout of its digital ruble to ensure the pilot runs smoothly and banks align on a viable economic model. Russia ‘s central bank, the Bank of Russia, has decided to delay the mass rollout of its central bank digital currency , known as the digital ruble, as officials work to improve the pilot and discuss the economic model with banks, Russia’s state-backed news agency TASS reports . The new launch date will be announced later, authorities said, emphasizing the need to ensure the system benefits both banks and their clients. “We will move to the mass implementation of the digital ruble a little later than originally planned, namely after we work through all the details in the pilot and hold all consultations with banks on the economic model that is most attractive for their clients. We will be able to announce the new mass launch date later.” Elvira Nabiullina, Governor of the Bank of Russia The digital ruble pilot began in August 2023, allowing select banks and users to test payments. The government had aimed for a wider launch by July 1, but the timeline now remains unclear. The initial phase involves around 600 employees from 12 banks, testing the opening and closing of digital wallets, wallet top-ups, person-to-person transfers, and automated payments and transfers. In a consultation paper from October 2020, the central bank reassured citizens that the proposed CBDC will complement, not replace, existing cash and non-cash rubles in circulation. In contrast, China, a key benchmark for Russia’s digitization efforts, has begun paying civil servants in Changshu state salaries using its own CBDC, the digital yuan, to encourage the adoption of the state-controlled currency.