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Ether (ETH) price drops below $2,550 on Binance, signaling a downward move.

Market News
07 Oct 2026
Tokenpost
View Source
Bearish
Ether (ETH) price drops below $2,550 on Binance, signaling a downward move.

Ether (ETH), the second-largest cryptocurrency by market capitalization, fell below the key price level of $2,550 on Binance's spot market, reaching $2,549 at 1:46 p.m. ET on October 7. This drop occurred within an hour, with ETH trading at $2,562 just 15 minutes earlier and showing a 0.76% decline from the previous hour. The fall below this threshold indicates a short-term bearish trend for ETH, which investors will watch closely for further price movements.

As of Oct 08, 2026 01:03 WIB, Ethereum (ETH) trades at Rp45.707.001 on Pluang, showing a 5.31% decline over the past day. The platform records a market cap of Rp5.614,75 trillion and a 24-hour trading volume of Rp355,18 trillion. Notably, 68% of Pluang users are buying ETH, with a typical holding period of 107 days, highlighting ongoing investor interest despite recent price drops.

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