Ethereum
Why Ethereum is down 1.1% in the last hour
Analysis
Ethereum (ETH) slipped 1.1% over the past hour as broader market sentiment around BTC and ETH turned more negative, pressuring near-term risk appetite. Cointelegraph, citing Santiment data, noted that while XRP traders were more optimistic, the “mood turns sour” for BTC and ETH—often a setup for short-term pullbacks.
Contributing Factors (3)
XRP traders more optimistic as BTC, ETH mood turns sour: Santiment
Social media sentiment has turned “extremely bearish” toward Bitcoin and Ethereum this week, according to analytics platform Santiment.
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Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.