ET

Ethereum

ETH 24 Hour Move
-2.11%
$2,504.72 → $2,451.78

Why Ethereum is down 2.1% today

Analysis

Ethereum (ETH) fell 2.1% over the past 24 hours as sentiment around ETH-linked investment products weakened, with reports noting Ethereum ETFs saw net outflows while Bitcoin ETFs added about $100 million, potentially shifting near-term demand away from ETH. Separately, news that EigenLayer restaking deposits crossed 5M ETH highlighted continued growth in restaking activity, but it didn’t translate into immediate price support amid broader ETF-flow pressure.

Contributing Factors (3)

#1
Bitcoinist Protocol Upgrade 19 hours ago

EigenLayer Restaking Deposits Cross 5M ETH

Read the latest update on EigenLayer Restaking Deposits Cross 5M ETH.

Confidence
68%
Read source
#2
U.Today ETF Flows 1 day ago

Solana, XRP, Ethereum ETFs in Red as Bitcoin ETF Adds $100 Million

Bitcoin ETFs attracted more than $100 million in fresh inflows as Ethereum, XRP and Solana funds slipped into the red.

Confidence
66%
Read source
#3
CoinGape Macro 1 day ago

Arthur Hayes Predicts Ethereum Price to Hit $10K, Massive ENA & ETHFI Rally

Crypto billionaire Arthur Hayes predicts Ethereum price will reach $10,000 by year-end amid fresh liquidity into the crypto market from Fed balance sheet expansion and Treasury bond buybacks. He also...

Confidence
61%
Read source

Move Details

Asset Ethereum
Symbol ETH
Direction ↓ Bearish
Timeframe 24 Hours
Start Price $2,504.72
End Price $2,451.78
Change -2.11%
Detected Sep 4, 2026 9:05 PM

Explanation Confidence

66%

Moderate confidence. Multiple factors may be contributing.