Ethereum (ETH) Struggles To Break Past $2,600: What’s Driving ETH Down?

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Ethereum (ETH) Struggles To Break Past $2,600: What’s Driving ETH Down? - NewsBTC

Quick Summary:

Over the past three days, the price has struggled to break past the $2,600 mark, raising concerns among analysts and investors. Related Reading: Ethereum Price Freefalls 20% Following $600 Million ETH Liquidation This performance has led to disappointment, particularly when compared to Bitcoin’s stronger showing this year.

Related Reading: Solana (SOL) Funding Rate Signals A Decline: Investors Expect $130 ETH Price Action Ethereum (ETH) is currently trading at $2,522, reflecting a period of uncertainty as it remains below the $2,600 mark since last Tuesday.

The lack of enthusiasm for Ethereum ETFs underscores the broader market sentiment, where Bitcoin continues to dominate, leaving Ethereum and its financial products trailing.