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Ethereum Breaks $2,550 as Bitcoin Rally Fuels Crypto Synergy—Are the Twins Inseparable Now?

Ethereum Breaks $2,550 as Bitcoin Rally Fuels Crypto Synergy—Are the Twins Inseparable Now?

Author:
Cryptonews
Published:
2025-05-24 13:16:57
5
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Ethereum just punched through $2,550, riding Bitcoin’s bullish wave—again. The correlation playbook keeps getting rewritten, and traders are left wondering: is this a fleeting fling or a full-blown power couple?

Meanwhile, Wall Street still can’t decide if crypto is the future or a glorified casino. Some things never change.

Regulatory Clarity Brings Institutional Confidence

Earlier this week, Hester Peirce, head of the SEC’s crypto Working Group, made a huge statement: technical activities in Proof of Stake (PoS) and Delegated Proof of Stake (DPoS) systems—like node operation, validation, and software services—don’t fall under securities laws.

She’s directly addressing institutional concerns, saying staking related technical participation doesn’t constitute a securities transaction.

This is a big shift from the SEC’s previous aggressive enforcement posture, like the 2023 Kraken case where they forced centralized providers to limit staking services. Peirce’s statement is seen as a green light for US institutions to dive deeper into staking protocols.

The Securities Industry and Financial Markets Association (SIFMA) has welcomed this clarity, saying they are confident in the regulatory environment.

For Ethereum, which is the biggest PoS chain, this means more staking participation, more liquidity and overall network resilience. With a live market cap of $308.6 billion and 9.02% market share, Ethereum is poised to benefit from more institutional adoption of decentralized finance.

Ethereum Technical Analysis Point to Breakout

Ethereum price prediction seems bullish as 2 hour chart is showing a higher lows pattern from the $2,272 pivot, so the bullish momentum is sustained. Price is hovering around the 50 period EMA at $2,571—a key technical level.

A close above this level, especially with a bullish MACD crossover could trigger a MOVE to $2,737 and $2,849 resistance zones.

  • Trendline Support: The ascending trendline is acting as dynamic support in pullbacks.
  • Candlestick Patterns: Spinning tops at $2,523 mean market is indecisive, while bullish engulfing candles mean upward momentum.
  • Key Levels to Watch: Break above $2,626 could push ETH higher, while downside pivots are at $2,523 and $2,500 for risk management.
  • MACD: MACD is neutral with slight bearish bias. A green crossover would be bullish.

Look for classic bullish patterns like three WHITE soldiers or RSI divergence on lower timeframes to confirm the breakout.

Conclusion: Next Leg Up for Ethereum?

Ethereum is following Bitcoin’s price action so correlation is tightening due to broader market and regulatory clarity.

With institutional confidence rising and technicals pointing to a breakout, ETH could go to $2,737 and $2,849 soon. But traders should watch support levels and confirm momentum before going long.

BTC Bull Token Nears $7.14M Cap as 71% Staking Yield Fuels FOMO

As the BTC/USD pair hovers NEAR $108K, attention is rapidly turning to high-upside altcoins — and BTC Bull Token ($BTCBULL) is stealing the spotlight. With $6.17 million raised out of its $7.14 million cap, momentum is accelerating as the next presale price jump closes in fast.

What sets BTCBULL apart is its unique rewards model — token holders receive Bitcoin airdrops directly tied to BTC’s price rallies. The higher Bitcoin climbs, the more BTC gets distributed — with presale buyers receiving priority rewards over post-launch DEX investors.

  • USDT Raised: $6,221,583.95 / $7,136,435
  • Token Price: $0.002525
  • Staking Pool: 1.47B BTCBULL
  • Yield: ~71% APY

Built-in scarcity adds even more firepower: every time bitcoin rises by $50K, BTC Bull triggers a token burn, reducing supply and increasing upside potential for long-term holders.

Meanwhile, staking is turning heads. BTCBULL offers a whopping ~71% APY on its Ethereum-based staking pool (currently holding 1.47B BTCBULL), with no lockups or withdrawal fees. That means passive yield — with full liquidity.

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