Ethereum (ETH) has clawed its way back from a sharp fall, bouncing from $3,700 to around $3,850 within a day. It’s a small but important comeback after one of the most jittery weeks the crypto market has seen lately.
While traders try to read the next move for Ethereum, attention is also shifting toward Remittix (RTX), an Ethereum-based project quietly reshaping how crypto connects with real-world payments.
Fed Comments Rattle Crypto Confidence
It only took one comment to rattle the markets. By saying a December rate cut was “far from certain,” the Fed Chair reversed weeks of growing confidence in both stocks and crypto.
Just days before, most analysts (about 91%) were betting the Fed would ease policy in December. Now that number is down to 63%, according to FedWatch data. Then when you add in surprise 100% tariff hike on Chinese goods, investors have a lot to digest, and the impact was immediate.
$954 million in crypto liquidations within 24 hours, and the Fear and Greed Index plunging back to 32, deep in “fear” territory. For Ethereum, it also meant a wave of ETF outflows worth $260 million in just a few days, as traders rushed to safety.
ETH Bounces, But the Market’s Still Nervous
Even with all the chaos, Ethereum managed to steady itself around $3,850, a level it’s bounced from four times this month. That shows buyers are still around, waiting for any dip to grab more ETH.
Right now, the token is sitting close to its 200-day moving average, a point where markets often decide whether to panic or push higher. The Relative Strength Index (RSI) also points to a cooling phase, not bearish, but cautious.
If momentum holds through the weekend, Ethereum could retest $4,000 soon. But with trading volumes thinning out, the next move could go either way. Low liquidity can spark fast rallies or quick drops, depending on who makes the first move.
Why Traders Are Watching Remittix
While Ethereum battles market jitters, Remittix (RTX) is drawing fresh interest for all the right reasons. Built on Ethereum, it’s carving out a space in PayFi, a new wave of crypto projects that focus on payments, not just speculation.
What Makes Remittix Stand Out:
- Lets users send crypto straight to bank accounts in over 30 countries
- Works with 40+ cryptocurrencies and 30 fiat currencies
- CertiK-audited for transparency and safety
- Wallet Beta now live for instant crypto-to-bank transfers
- Listed on BitMart and LBank
- Offers 15% referral rewards and a $250,000 giveaway to fuel growth
Remittix’s mix of usability, verified tech, and growing ecosystem has earned it comparisons to the next XRP, but with a clearer focus on direct, real-world utility.
Ethereum’s price action this week shows that fear can shake the market, but strong hands are still in play. If ETH can stay above $3,800 and regain momentum, a move back to $4,000 isn’t out of reach.
And as Ethereum steadies itself, projects like Remittix remind investors that the network’s strength isn’t just in its token’s price, it’s in the new financial bridges being built on top of it.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital. Readers should conduct independent research and consult licensed advisors before making any financial decisions.
All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.
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