Ethereum price dropped below $2,400 to an intraday low of $2,356 on September 2, pressured by renewed US-Iran conflict that pushed oil prices and US Treasury yields higher. This geopolitical tension raised inflation concerns and strengthened the dollar, reducing demand for risk assets like Ethereum. About $94.2 million in ETH futures were liquidated, accelerating the decline. Key support near $2,300 will be critical for stabilization, while a failure to hold this level could see prices drop toward $2,200. Investors are also watching Federal Reserve rate hike expectations, which add uncertainty to Ethereum's near-term outlook.
Most major cryptocurrencies saw price declines, including Bitcoin dropping 1.78% to $76,678 and Ethereum falling 3.26% to $2,378.53. Other tokens like XRP, Solana, and Zcash also experienced notable losses. A few coins showed slight gains, but overal...
The cryptocurrency market shows a general downward trend with major coins like Bitcoin falling about 1.92% to $76,598 and Ethereum dropping 3.4% to $2,376. Other significant tokens such as XRP, Solana, and Zcash also experienced declines. This reflec...
Ethereum has been trading between $2.3k and $2.4k after failing to break $2,567, showing market indecision. Despite a 2.5% daily drop and $63.6 million in long positions liquidated, a whale returned after seven months to place a $44.85 million 25x lo...
XRP's price fell 2.29% to $1.33 due to broader crypto market weakness and geopolitical tensions raising inflation concerns. However, the upcoming Senate vote on the CLARITY Act, which aims to clarify digital asset regulations, could boost XRP by redu...
The Ethereum Rainbow Chart projects that ETH could trade around $2,551 by the end of September 2026, placing it in the 'Accumulate' zone, suggesting a gradual buying opportunity. Currently trading near $2,400, this implies a modest upside of about 6%...
