Ethereum is approaching a critical price level that could see it matching Bitcoin's previous gains, which were around 450%. Market analysts are closely monitoring this trend, as a breakout could signal significant bullish momentum for Ethereum.

Bitcoin's price has fallen below $80,000, dropping over 3% in just two hours due to macroeconomic uncertainty following U.S. President Trump's tariff announcements. The decline has impacted the broader cryptocurrency market, with the top 30 cryptocurrencies down over 6% in the past day, while Ethereum has experienced a nearly 8% drop.

Charles Schwab is set to launch spot trading for Bitcoin and Ethereum, aiming to integrate cryptocurrencies into traditional investment portfolios while emphasizing client education and innovation. This strategic move reflects Schwab's recognition of the growing demand for digital assets and positions the firm to enhance client convenience and portfolio diversification. By focusing on major cryptocurrencies, Schwab hopes to mitigate risks and promote informed decision-making among investors.