ET

Ethereum

ETH 1 Hour Move
-1.06%
$1,908.48 → $1,888.17

Why Ethereum is down 1.1% in the last hour

Analysis

Ethereum (ETH) slipped 1.1% over the past hour as broader risk-off positioning intensified ahead of the FOMC, triggering a wave of forced selling across majors; CryptoPotato reported roughly $700M in liquidations as BTC, ETH and XRP fell. Separately, sentiment may have been pressured by Cointelegraph’s report highlighting Ethereum among the networks leading crypto hack losses in H1 2026, reinforcing near-term security concerns.

Contributing Factors (3)

#1
Cointelegraph Hack/Exploit 18 hours ago

Ethereum, Solana led crypto hack losses in H1 2026: Blockaid

Blockaid found Ethereum remained the hardest-hit blockchain in H1 2026, while Solana replaced Arbitrum as the network with the second-highest losses, driven largely by key compromises.

Confidence
85%
Read source
#2
CryptoPotato Liquidation 1 day ago

$700 Million in Liquidations as BTC, ETH, XRP Plunge Ahead of FOMC

Roughly $80 billion left the space during the Tuesday morning crash.

Confidence
81%
Read source
#3
CoinDesk Regulatory 15 hours ago

Ethereum startup EthSystems bets privacy is key to getting banks on public blockchains

EthSystems, which spun out of the Ethereum Foundation earlier this month, is focused on building privacy infrastructure for banks and other financial institutions.

Confidence
77%
Read source

Move Details

Asset Ethereum
Symbol ETH
Direction ↓ Bearish
Timeframe 1 Hour
Start Price $1,908.48
End Price $1,888.17
Change -1.06%
Detected Jul 29, 2026 4:10 AM

Explanation Confidence

82%

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