ET

Ethereum

ETH 24 Hour Move
-1.73%
$1,887.28 β†’ $1,854.63

Why Ethereum is down 1.7% today

Analysis

Ethereum (ETH) slipped 1.7% over the past 24 hours even as broader positioning looked mixed: AMBCrypto reported fresh inflows into Ethereum and other altcoin funds while Bitcoin ETFs saw outflows, suggesting flows weren’t enough to offset near-term selling pressure in ETH. Separately, coverage around ETH’s relative strength versus Bitcoin (ETH/BTC up ~10% in July) may have coincided with some profit-taking after the recent run-up (AMBCrypto, confidence: 57%).

Contributing Factors (3)

#1
AMBCrypto ETF Flows 11 hours ago

Bitcoin ETFs bleed while Ethereum and other altcoins attract fresh inflows: Details

While altcoin ETFs continue to draw inflows, why are investors abandoning Bitcoin ETFs?

Confidence
69%
Read source
#2
CryptoPotato 10 hours ago

XRP Gains Access to Institutional DeFi Lending Through FXRP on Ethereum

Users can convert their XRP into FXRP and use it as collateral on Ethereum to borrow RLUSD without selling their holdings.

Confidence
61%
Read source
#3
AMBCrypto 15 hours ago

ETH/BTC rallies 10% in July: Is Ethereum repeating its 2025 playbook?

Ethereum's supply shock could turn August's rotation into sustained Q3 outperformance.

Confidence
57%
Read source

Move Details

Asset Ethereum
Symbol ETH
Direction ↓ Bearish
Timeframe 24 Hours
Start Price $1,887.28
End Price $1,854.63
Change -1.73%
Detected Aug 3, 2026 10:10 PM

Explanation Confidence

64%

Moderate confidence. Multiple factors may be contributing.