Ethereum Price Falls 6% as Hot CPI Triggers $106M Wipeout

Ethereum (ETH-USD) Price Prediction: Can $2,300 Stop Another Liquidation Cascade?

Crypto markets are under heavy pressure again, with a macroeconomic shock this time colliding with another large-scale unwind of leveraged positions. Read more here...

Ethereum Price falls 6% as hot CPI triggers $106M wipeout

Ethereum price drops nearly 6% after hot U.S. CPI data triggers $106M in Binance ETH long liquidations, leaving traders watching $2,300 support.

Ethereum dips below $2,400 as hot inflation fuels selling and long liquidations

Key takeaways Ethereum traded below $2,400, down 5.3% over 24 hours, after stronger-than-expected US inflation unsettled crypto markets. Higher Treasury yields, a stronger dollar and rising rate hike expectations added pressure to ETH. Key support sits around $2,353–$2,355, while resistance at $2,498 and $2,548 could challenge recovery attempts. Ethereum retreats as inflation raises rate hike […]

Binance ETH Long Liquidations Top $106 Million in One Hour

The post Binance ETH Long Liquidations Top $106 Million in One Hour appeared first on Coinpedia Fintech News More than $106 million in Ethereum (ETH) long positions were liquidated on Binance within one hour following hotter-than-expected U.S. inflation data, marking the largest hourly liquidation of ETH longs on the exchange in nearly six months, according to CryptoQuant analyst Darkfost. He noted that crypto futures trading volume is now rough…

Binance ETH Long Liquidations Top $106M in One Hour After Hot U.S. Inflation

Crypto futures trading volume was about nine times spot volume, while expectations for another Federal Reserve rate increase climbed from 17% to nearly 30% during the week.