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Ethereum price rises above $2,600 as ETF inflows hit 2-week high despite Fed rate hike fears

Market News
12 Sep 2026
Coingape
View Source
Bullish
Ethereum price rises above $2,600 as ETF inflows hit 2-week high despite Fed rate hike fears

Ethereum's price briefly surged to $2,665 on September 11, driven by a significant inflow of $216 million into Ethereum ETFs, the highest since late August. This rise occurred despite Goldman Sachs' warning of a likely 25 basis point rate hike by the Federal Reserve on September 16 to combat inflation. Analysts remain optimistic, suggesting Ethereum could reach $3,000 if it surpasses a supply wall between $2,700 and $2,800, supported by increased whale activity and strong ETF demand. The price breakout above $2,516 signals potential for further gains, although a drop below $2,390 could invalidate this bullish outlook.

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