Ethereum (ETH) Price Under Pressure as Crude Oil Surges Past $105 and Fed Rate Hike Odds Reach 62%
Sep 11 2026 05:55 UTC
Ethereum (ETH) drops 4% to $2,420 as oil surges past $105 and PPI inflation hits 5.4%. Key $2,400 support now tested ahead of Fed meeting with 62% hike odds. The post Ethereum (ETH) Price Under Pressure as Crude Oil Surges Past $105 and Fed Rate Hike Odds Reach 62% appeared first...
➤ Ethereum (ETH) price is under pressure, dropping nearly 4% to $2,420, as crude oil prices surge past $105 and producer price index (PPI) inflation hits 5.4%.
➤ Rising Treasury yields and escalating geopolitical tensions are contributing to bearish sentiment, increasing the likelihood of a Federal Reserve rate hike to 62% for the upcoming meeting.
➤ Despite price weakness, US spot Ethereum ETFs saw net inflows of $34.75 million, indicating continued institutional interest, though Ethereum is testing critical support at its 20-day EMA around $2,400.
Read more at: https://rwatimes.io/articles/coinmarketcap-ethereum-eth-price-under-pressure-as-crude-oil-surges-past-105-and-fed-rate-hike-odds-reach-62-304642513?utm_source=binance
Sep 11 2026 05:55 UTC
Ethereum (ETH) drops 4% to $2,420 as oil surges past $105 and PPI inflation hits 5.4%. Key $2,400 support now tested ahead of Fed meeting with 62% hike odds. The post Ethereum (ETH) Price Under Pressure as Crude Oil Surges Past $105 and Fed Rate Hike Odds Reach 62% appeared first...
➤ Ethereum (ETH) price is under pressure, dropping nearly 4% to $2,420, as crude oil prices surge past $105 and producer price index (PPI) inflation hits 5.4%.
➤ Rising Treasury yields and escalating geopolitical tensions are contributing to bearish sentiment, increasing the likelihood of a Federal Reserve rate hike to 62% for the upcoming meeting.
➤ Despite price weakness, US spot Ethereum ETFs saw net inflows of $34.75 million, indicating continued institutional interest, though Ethereum is testing critical support at its 20-day EMA around $2,400.
Read more at: https://rwatimes.io/articles/coinmarketcap-ethereum-eth-price-under-pressure-as-crude-oil-surges-past-105-and-fed-rate-hike-odds-reach-62-304642513?utm_source=binance