Ethereum price fell below $2,600 following escalating geopolitical tensions around the Strait of Hormuz, triggering a broad crypto market sell-off. The price is now testing a critical support zone between $2,500 and $2,560 after dropping below its 20-day moving average. Analysts highlight that holding this support could enable a rebound toward $3,000, while a breakdown may lead to a deeper correction. The sell-off was intensified by over $400 million in leveraged long positions liquidated, and rising oil prices and U.S. Treasury yields have increased risk aversion among investors, impacting Ethereum and the broader crypto market.
Ethereum is trading at Rp45.743.377 on Pluang as of Oct 07, 2026 21:53 WIB, down 5.82% in the last day. The market shows a strong sell sentiment with 75% of orders being sell orders. Typical holding time for Ethereum on Pluang is 107 days, indicating medium-term investor interest despite recent volatility.
Dogecoin led losses among major cryptocurrencies, dropping about 7% to $0.089 as Bitcoin, Ethereum, and XRP also declined amid a broad market selloff. The selloff is linked to rising oil prices above $100 per barrel, higher U.S. Treasury yields surpa...
Ethereum fell about 4% to around $2,600 following a broader cryptocurrency market selloff driven by rising U.S. Treasury yields, a stronger dollar, and oil prices above $100. This decline puts pressure on Citi's recent bullish 12-month price target o...
Ethereum's price fell to $2,598.54 on October 7, 2026, down 3.9% from the previous day, driven by six consecutive days of net outflows from US spot ETFs and forced closures of leveraged long positions. The price is nearing key support levels at $2,55...
The first US spot XRP ETF, Canary Capital's XRPC, has fallen over 40% from its peak since launching in late 2025, despite attracting significant institutional capital and strong initial trading volume. The fund is down 21.24% year-to-date but showed ...
Ether (ETH), Ethereum's native token, dropped more than 3% to around $2,605 on October 7, extending its pullback from a September high near $2,800. However, technical indicators such as the oversold four-hour RSI and repeated rebounds off the 200-per...
