Ethereum (ETH) experienced downside pressure, falling below $2,500 as selling volume increased. This decline occurred amid broader risk sentiment weakening due to global trade tensions and renewed U.S. tariff risks. On-chain data indicated significant inflows to centralized exchanges, with 385,000 ETH transferred to Binance, suggesting institutional position trimming. ETH has since recovered to around $2,506, and market observers are closely monitoring whether buyers can maintain this level.
Ethereum Price Consolidates Above $2,500 Amid Market Uncertainty
Edited by: Yuliya Shumai
Sources
CoinDesk
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