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Ethereum price jumps past $1,800 as U.S. inflation cools, eyeing $2,400 next

Market News
14 Jul 2026
FXEmpire
View Source
Bullish
Ethereum price jumps past $1,800 as U.S. inflation cools, eyeing $2,400 next

Ethereum (ETH) surged over 5% after U.S. inflation data showed a slowdown to 3.5% in June, below expectations. This eased fears of imminent Fed rate hikes, boosting risky assets like ETH, which broke the key $1,800 resistance and triggered significant short liquidations. Technical analysis suggests ETH could test the 200-day moving average around $2,200, with a potential rise to $2,400 if it breaks that level, signaling a possible end to the bear market. The market is closely watching these levels for confirmation of a sustained uptrend.

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