Ethereum
Why Ethereum is down 1.2% in the last hour
Analysis
Ethereum (ETH) slipped about 1.2% over the past hour amid mixed, potentially risk-off signals around ETH demand and network activity. CryptoNews highlighted Polygon overtaking Ethereum in daily fees, which can weigh on near-term sentiment about Ethereum’s usage and fee generation.
Contributing Factors (3)
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Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.