ET

Ethereum

ETH 1 Hour Move
-1.13%
$2,059.45 β†’ $2,036.18

Why Ethereum is down 1.1% in the last hour

Analysis

Ethereum (ETH) slipped 1.1% over the past hour as sentiment weakened amid reports highlighting heavy pressure on ETH alongside broader market softness. CryptoNews noted BTC battling key support while β€œETH morale” remained depressed, and another CryptoNews update pointed to ETF flows weighing on both BTC and ETH.

Contributing Factors (3)

#1
CryptoNews ETF Flows 3 days ago

LIVE – Crypto News, May 22: Happy Bitcoin Pizza Day! BTC USD Battling Support, ETH Morale at Rock Bottom

Bitcoin Pizza Day turns dark as BTC and ETH battle USD weakness, ETF outflows grow, while Harvard and Cuban dumped holdings. $BTC $ETH The post LIVE – Crypto News, May 22: Happy Bitcoin Pizza Day! BTC...

Confidence
71%
Read source
#2
CryptoPotato ETF Flows 2 days ago

Has Ethereum (ETH) Reached Peak Pessimism: Or Is More Pain Coming?

New data suggests that Ethereum is increasingly being viewed as "dead money" amid weak price action, ETF outflows, and rising social frustration.

Confidence
71%
Read source
#3
CryptoNews ETF Flows 2 days ago

XRP Price Defies Market Weakness as ETF Flows Crush BTC and ETH

$XRP price is holding its ground while the rest of the market buckles, as supported by its ETF flow data. The post XRP Price Defies Market Weakness as ETF Flows Crush BTC and ETH appeared first on Cry...

Confidence
66%
Read source

Move Details

Asset Ethereum
Symbol ETH
Direction ↓ Bearish
Timeframe 1 Hour
Start Price $2,059.45
End Price $2,036.18
Change -1.13%
Detected May 23, 2026 7:50 AM

Explanation Confidence

70%

High confidence in the explanation based on source reliability and timing.