ET

Ethereum

ETH 24 Hour Move
-2.67%
$1,742.33 β†’ $1,695.77

Why Ethereum is down 2.7% today

Analysis

Ethereum (ETH) fell 2.7% over the past 24 hours as broader crypto sentiment weakened following the Fed decision, with traders turning more bearish while prices slid alongside ETF-flow headlines. Decrypt reported that Bitcoin and Ethereum traders grew more bearish as prices fell after the Fed decision, reinforcing the risk-off move.

Contributing Factors (3)

#1
Decrypt ETF Flows 12 hours ago

Bitcoin, Ethereum Traders Grow Even More Bearish as Prices Fall After Fed Decision

Prediction market traders don't see Bitcoin or Ethereum making their next big moves to higher price targets.

Confidence
85%
Read source
#2
The Block ETF Flows 7 hours ago

Morgan Stanley files amendments for ETH and SOL ETFs, revealing lowest fees in market

The disclosure of additional amendments typically reflects active communication with the SEC and progress in the launch process.

Confidence
84%
Read source
#3
The Block 18 hours ago

Ethereum Foundation co-Exec Director and board member Hsiao-Wei Wang steps down

Several high-ranking EF leaders have left, including the Protocol cluster leads and former co-executive director Tomasz StaΕ„czak.

Confidence
74%
Read source

Move Details

Asset Ethereum
Symbol ETH
Direction ↓ Bearish
Timeframe 24 Hours
Start Price $1,742.33
End Price $1,695.77
Change -2.67%
Detected Jun 19, 2026 3:55 AM

Explanation Confidence

82%

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