Ethereum

ETH 1 Hour Move

-1.42%

$1,632.43 → $1,609.29

Why Ethereum is down 1.4% in the last hour

Analysis

Ethereum (ETH) fell about 1.4% over the past hour as broader weakness tied to the NFT ecosystem weighed on sentiment, with the NFT market cap sliding near record lows. BeInCrypto reported that ETH’s drop erased recent “blue-chip” NFT gains, reinforcing downside pressure during the move.

Contributing Factors (1)

BeInCrypto ETF Flows 1 month ago

NFT Market Cap Slides Near Record Lows as Ethereum Drop Erases Blue-Chip Gains

Ethereum's 28% monthly drop drags NFT market cap toward record lows as CryptoPunks, BAYC, and Pudgy Penguins floors sink. The post NFT Market Cap Slides Near Record Lows as Ethereum Drop Erases Blue-C...

Confidence

75%

Read source

Move Details

Asset Ethereum

Symbol ETH

Direction ↓ Bearish

Timeframe 1 Hour

Start Price $1,632.43

End Price $1,609.29

Change -1.42%

Detected Jun 7, 2026 7:20 PM

Explanation Confidence

75%

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

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