Ethereum
Why Ethereum is down 1.1% in the last hour
Analysis
Ethereum (ETH) slipped about 1.1% over the past hour amid a slightly negative sentiment catalyst tied to Vitalik Buterin’s comments. U.Today reported that the Ethereum co-founder “sounded the alarm” on the state of prediction markets, which may have contributed to short-term caution and modest selling pressure in ETH.
Contributing Factors (1)
Ethereum Co-Founder Vitalik Buterin Sounds Alarm on State of Prediction Markets
Vitalik Buterin has questioned the current direction of prediction markets, urging platforms to pivot from short-term speculation toward long-term hedging.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.