Ethereum Volatility Peaks Ahead of US Inflation Data as ETH ETFs Withdraw Assets

Reported about 14 hours ago

Ethereum experiences fluctuations ahead of the upcoming US inflation report, with ETF assets decreasing due to investor concerns regarding inflation and broader economic conditions. Currently priced at $3,973, ETH is up 2.3% from last week but down 9.5% from a month ago. As Ethereum ETFs lost $145 million recently, analysts indicate ongoing passive selling pressure and uncertainty surrounding the CPI report delayed by the government shutdown. The outcome of the inflation report could further influence ETH's market trajectory.

Source: YAHOO

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