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Ethereum price drops 4% after US inflation data raises rate hike expectations

Market News
14 Oct 2026
CryptoTicker
View Source
Bearish
Ethereum price drops 4% after US inflation data raises rate hike expectations

Ethereum's price fell about 4% to $2,417 following the US Labor Department's September inflation report, which showed a headline inflation rate of 3.7%, slightly above expectations. This higher inflation figure pushed back market expectations for Federal Reserve rate cuts, making borrowing costlier and prompting sell-offs in leveraged futures positions. Despite the drop, Ethereum remains between its 50-day and 200-day moving averages, with the next key Federal Reserve meeting on October 28 likely to influence price direction. ETF inflows suggest some investor interest remains, but the market is cautious amid inflation concerns and upcoming policy decisions.

As of Oct 14, 2026 22:51 WIB, Ethereum trades on Pluang at Rp43.655.168 with a 1-day decline of 2.88%. The platform shows a market cap of Rp5.320,18 trillion and a 24-hour trading volume of Rp186,11 trillion. Despite recent inflation-driven volatility, typical hold time on Pluang remains steady at 107 days, indicating some investor confidence in longer-term positions.

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