Ethereum
Why Ethereum is down 1.3% in the last hour
Analysis
Ethereum (ETH) slipped 1.3% over the past hour as traders digested mixed Ethereum-related headlines without a clear near-term catalyst. Cointelegraph reported Chainlink data feeds going live for Ondo’s tokenized US stocks on Ethereum, a constructive ecosystem development that didn’t translate into immediate price support.
Contributing Factors (3)
Chainlink feeds go live for Ondo tokenized US stocks on Ethereum
Price feeds for SPYon, QQQon and TSLAon are now live on Ethereum, allowing the Ondo-issued tokenized equities to be used as collateral in DeFi lending markets.
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Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.