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Ethereum price edges up near $2,268 amid Iran-US talks on Strait of Hormuz reopening and ETF outflows.

01 Nov 2026, 17:30 WIB
Blockonomi
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Neutral
Ethereum price edges up near $2,268 amid Iran-US talks on Strait of Hormuz reopening and ETF outflows.

Ethereum price rose about 1.19% to around $2,268 as talks between Iran and the US, mediated by Qatar, proposed reopening the Strait of Hormuz within two days if Iran's conditions are met. This potential reopening could ease energy supply concerns and boost risk appetite, supporting Ethereum's recovery. However, Ethereum ETFs in the US saw continued outflows totaling $155.7 million on Oct. 30, marking the fifth consecutive day of withdrawals and signaling cautious investor sentiment. The price outlook depends on stronger buying demand and progress in geopolitical talks, with key support at $2,250 and resistance near $2,400-$2,450.

As geopolitical talks around the Strait of Hormuz continue, Ethereum on Pluang shows steady interest among investors. As of Nov 01, 2026 22:41 WIB, Ethereum trades at Rp41.130.000 with a 1-day gain of 1.04%. The platform records a market cap of Rp5.020,25 trillion and a 24-hour trading volume of Rp83,32 trillion, with buyers making up 62% of order activity and typical holders keeping their positions for about 108 days.

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