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Ethereum falls to $2,303 amid stalled US-Iran talks and rising oil ahead of Fed meeting

Market News
28 Apr 2026
Crypto news
View Source
Bearish
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Ethereum opened at $2,303.33 on April 28, its lowest in over a week, dropping 2.8% due to stalled US-Iran ceasefire talks and Brent crude oil rising above $104 per barrel. These factors increased inflation concerns, pressuring risk assets like Ethereum and Bitcoin ahead of the Federal Reserve's rate decision. The FOMC meeting's outcome will be crucial for crypto markets, as investors await signals on interest rates amid mixed geopolitical and economic data. Ethereum is testing key technical support levels, with its price sensitive to further developments in Iran negotiations and Fed policy statements.

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