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 of $3,028 for ETH, which was raised due to expectations of stronger crypto activity and investment flows. However, recent outflows from U.S. Ethereum ETFs and a weakened technical outlook suggest short-term challenges. Longer-term optimism remains due to increased staking activity and network upgrades enhancing capacity.
Ethereum's market cap on Pluang stands at Rp5.631,49 trillion as of Oct 07, 2026 20:23 WIB, reflecting significant scale despite recent price pressures. The 24-hour trading volume is notably high at Rp332,44 trillion, indicating active market participation amid a 5.57% price drop to Rp45.801.483. Pluang data also shows a strong sell sentiment with 75% of orders leaning that way, while typical holders keep their positions for about 107 days, highlighting a mix of short-term caution and longer-term commitment.
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'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...
The Ethereum Rainbow Chart indicates that ETH, currently trading around $2,700, is near the 'Accumulate' valuation band and far from overvalued levels as of late October 2026. This suggests Ethereum could remain in a stable price range between $2,800...
