Ethereum Price Holds $2,400 as Fed Hike, ETF Outflows Pressure ETH
5 Articles
5 Articles
ETF Outflows Clash With Crypto Traders’ Ethereum Conviction
Ethereum is currently trading near $2,440, up 1.7% over the prior 24 hours, even with some bad news. The price is holding above the $2,400 mark, and it has defended through two developments that might otherwise have triggered a sharper drawdown. The news? A 25-basis-point Federal Reserve rate hike...
Ethereum Price Holds Near $2.4K Despite ETF Outflows and Fed Hike
Key Insights Ethereum price remained relatively stable on Sept. 17 despite weakness across U.S. equities and another large round of Ether ETF outflows. ETH traded around $2,400-$2,425 after the Federal Reserve raised interest rates by 25 basis points. The token has spent much of the past several weeks consolidating rather than extending its earlier rally. […]
Ethereum reclaims $2,431 as buyers absorb rate hike and regulatory setback - Invest In Crypto News
Key takeaways Ethereum gained 1.7% and reclaimed the important $2,431 level. US spot Ethereum ETFs lost $365.5 million across Tuesday and Wednesday. A break above $2,544 could target $2,626, while major support sits near $2,269–$2,282. Ethereum (ETH) gained 1.7% over 24 hours and reclaimed $2,431 despite the Federal Reserve’s first interest-rate increase in three years and the CLARITY Act’s failure to advance in the US Senate. Exchange outflows,…
Ethereum Price Holds $2,400 as Fed Hike, ETF Outflows Pressure ETH
Ethereum price recovered to around $2,445 on Thursday after briefly slipping below the critical $2,400 support level as tighter monetary policy, ETF outflows and U.S. regulatory uncertainty pressured the crypto market. ETH fell to an intraday low near $2,372 before buyers stepped in, helping the cryptocurrency reclaim $2,400. Bitcoin traded near $76,845, XRP hovered around $1.31, while Solana advanced toward $100.88. The latest volatility follow…
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