Ethereum (ETH) fell 5.5% intraday on Tuesday, breaking below $1,900 for the first time since late February and touching a two‑month low of $1,880. Analysts tracking chart patterns said the pullback could extend, with key levels cited around $1,850, $1,825 and the 2026 lows near $1,750.

Coinbase said on Friday that Coinbase Financial Markets (CFM) is now the first US-regulated Futures Commission Merchant to connect domestic clients with global crypto derivatives venues. The rollout starts with institutional onboarding and live access to Deribit options, where Bitcoin options open interest exceeds $31 billion, with perpetual futures and more collateral types planned next.

Bitcoin fell about 5% from $76,000 to a one-month low of $72,589 after renewed U.S. strikes on Iranian targets, after trading around $77,000-$78,000 earlier in the week. Analysts highlighted a key support cluster between $73,000 and $71,300, warning that a break below $71,300 could extend losses toward the February base near $60,000. Others pointed to a potential Head and Shoulders setup with a neckline near $75,000, raising the odds of a move toward the range lows around $63,000.

Bitcoin rebounded after dipping below the $75,000 area over the weekend, when it slid about 4.5% to a one-month low of $74,289 before recovering. Analysts highlighted a tight decision zone, with one view putting resistance at $78,258 and support at $75,733, while others stressed the broader $75,000–$78,000 band. A break above resistance is framed as a path toward $84,569, while losing support could open downside targets near $66,898–$67,000.

On Wednesday, the European Commission opened a consultation to assess whether the EU's Markets in Crypto-Assets Regulation (MiCA), in force since 2024, still fits the current crypto market and policy environment. The consultation runs until August 31 and comes as industry groups call for changes aimed at improving the competitiveness of euro-denominated stablecoins. Separately, a euro-pegged stablecoin initiative, Qivalis, has expanded backing to 37 banks after adding another 25 lenders.

On Tuesday, XRP slid to around $1.35, its lowest level since late April, after failing to hold a breakout above $1.50 that briefly reached $1.54 last Thursday. Analysts are watching whether the token can reclaim key weekly EMA levels at $1.50 and $1.80, or if weakness below the $1.29–$1.50 range could put the $1.00 area back in play.

Bitcoin is being watched closely after it ended the week near $77,450 and then slid to a new local low of $76,050, putting the market's focus on where it finishes this week. Analysts highlighted a weekly close below the 21-Week EMA near $78,000 and pointed to CME gap dynamics and leverage-driven selling as factors that could shape near-term direction.

Ethereum (ETH) climbed 3.5% intraday on Thursday before stalling at the $2,320 area, after the CLARITY Act advanced to a full Senate vote following a 15-9 bipartisan committee result. A weekly TD Sequential sell signal has appeared for the first time in nine months, while realized profits hit $74.58 million and ETH fell 5.5% over the past three days. Analysts outlined downside levels including $1,900, with additional targets at $1,565 and $1,090 if selling pressure intensifies.

Global crypto investment products extended a six-week inflow streak after taking in $857.9 million over the past week, led by $706.1 million into Bitcoin-focused funds. Ethereum products added $77.1 million while Solana and XRP brought in $47.6 million and $39.6 million, and the US accounted for $776.6 million of the weekly total. The rebound came as sentiment improved around the CLARITY Act ahead of the Senate Banking Committee’s markup session scheduled for Thursday, May 14.