Ethereum’s price is once again under pressure. It has slipped below the $4,000 mark as renewed market volatility hits digital assets. The broader downturn was sparked by record ETF outflows and a cautious macro environment after Fed Chair Jerome Powell’s recent comments signaled uncertainty over future rate cuts.
Yet amid this slide, market optimism is quietly shifting toward an emerging utility token, Remittix (RTX). It’s a fast-rising PayFi solution that analysts now believe could achieve a $1 billion market valuation within months of its official debut.
Ethereum Price Slips Below $4,000 as ETF Outflows Mount
Ethereum price is at $3,799, down roughly 4% in the past 24 hours. This extends its weeklong slide from the $4,200 region. Analysts point to over $81 million in outflows from Ether-based ETFs this week, led by Fidelity’s FETH with $69.49 million exiting.
Grayscale’s ETHE and Ether Mini Trust added another $29 million in redemptions. Meanwhile, VanEck’s ETHV shed $4.3 million.
The only bright spot came from BlackRock’s ETHA, which recorded a $21.36 million inflow. However, it’s not enough to offset broader institutional selling pressure.
According to data from Coinglass, if the Ethereum price dips below $3,700, liquidation pressure could intensify. This could trigger over $700 million in long-position wipes across major exchanges.
Source: TradingView
Technically, Ethereum now faces resistance around $3,950–$4,050. The 200-day moving average is nearly $3,600, which provides a crucial support floor.
Analyst Lacie Zhang of Bitget Wallet believes the current phase reflects “rotation, not reversal.” This suggests that investors are temporarily stepping back to reassess risk amid elevated yields and cooling ETF enthusiasm.
Institutional Sentiment Wanes, But Long-Term Fundamentals Hold
Despite cooling inflows, long-term sentiment around Ethereum remains cautiously optimistic. Analysts note that on-chain activity and DeFi integrations remain stable. The rotation out of Ether ETFs could eventually fuel capital inflows into newer, utility-based projects.
Prediction markets on Myriad place a 66% chance of ETH rebounding to $4,500 before falling to $3,000. This is a signal that traders still see upside once the market stabilizes.
While Ethereum Price Tanks, Remittix Gains Momentum as Analysts Eye $1 Billion Valuation
While Ethereum faces short-term turbulence, attention is turning to Remittix (RTX), a PayFiproject bridging crypto and traditional banking with real-world payment functionality.
Remittix is gaining ground as users test its live beta wallet, which supports:
● Transfers in 30+ countries
● 40+ cryptocurrencies at launch
● Flat, transparent fees with no FX markups
● Privacy-first payments for users and merchants
The project has raised $27,578 million in private funding. You can currently buy Remittix for $0.1166, with more than 30,000 investors acquiring RTX tokens in recent months.
The project’s upcoming listings on BitMart and LBank are expected to bring early liquidity and expand its market exposure. Analysts expect that valuation could climb rapidly toward $1 billion within months once listings go live.
Analysts compare Remittix’s potential trajectory to the early breakout phase of Ripple or Stellar, but with stronger retail and merchant integration.
If analyst projections prove accurate, Remittix could emerge as 2025’s fastest-growing payment token, offering the kind of early-stage opportunity Ethereum once represented.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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