Ethereum is still vulnerable to further downside as dealers brace for US CPI and Iran developments
Ethereum sold off strongly on Thursday as the equity market rout triggered a wave of risk aversion across financial markets. As dealers reassessed the negative implications of the blue sweep for the macroeconomic forward view, the shift in sentiment weighed on the crypto market too.
In this article
In today's Ethereum price news, Ethereum sold off strongly on Thursday as the equity market rout triggered a wave of risk aversion across financial markets, according to investingLive Crypto. As dealers reassessed the negative implications of the blue sweep for the macroeconomic forward view, the shift in sentiment weighed on the crypto market too.
Key points
- The data could seal a rate increase for the December FOMC meeting.
- He stressed that any decision to avoid further strikes would depend on Iran agreeing to a robust enough pact.
- US Secretary of State Rubio stated negotiations with Iran have made little progress.
- Given how leveraged the US economy is to AI investment, a reversal would have sizeable consequences for the broader economy.
- We get the latest US Jobless Claims figures on Thursday.
Ethereum price: the details
Given how leveraged the US economy is to AI investment, a reversal would have sizeable consequences for the broader economy. Even so, he stressed that any decision to avoid further strikes would depend on Iran agreeing to a robust enough pact, while noting that the US is still ready to take military action if necessary. US Secretary of State Rubio stated negotiations with Iran have made little progress, describing Tehran's demands as unacceptable, but stressed that Washington is still open to pursuing a diplomatic resolution.
The data could seal a rate increase for the December FOMC meeting, with dealers already pricing in a 79% probability. We get the latest US Jobless Claims figures on Thursday.
Why traders are watching Ethereum price
Crypto markets trade around the clock and react quickly to regulation, ETF flows, liquidity conditions and broader risk sentiment. Moves in Bitcoin often set the tone for the rest of the digital-asset market.
Changes in interest-rate expectations and institutional flows have become major drivers of crypto prices, linking them more closely to traditional markets.
Market reaction and data
Crypto prices at the time of writing, from Binance spot data (2026-11-09 10:06 UTC):
| Asset | Last price (USDT) | 24h change | 24h high | 24h low |
|---|---|---|---|---|
| Bitcoin (BTC) | 74,218.01 | -2.20% | 76,200.00 | 73,510.00 |
| Ethereum (ETH) | 2,104.62 | -5.86% | 2,246.00 | 2,060.00 |
| Solana (SOL) | 86.21 | -3.43% | 90.01 | 85.02 |
What to watch next for Ethereum price
Watch for ETF flow data, regulatory news, large on-chain movements and shifts in overall risk appetite in stock markets.
Follow every update in our Top 10 Crypto News Today, read Bitcoin price: Bitcoin ETFs shed $1.3B in steepest weekly outflow since late June or see all of today's top market news.
FAQ
What is the latest Ethereum price news?
Ethereum sold off strongly on Thursday as the equity market rout triggered a wave of risk aversion across financial markets.
What moves the price of Bitcoin?
Bitcoin reacts to institutional and ETF demand, regulation, liquidity and interest-rate expectations, as well as general risk sentiment in financial markets.
Where does this information come from?
This report is based on coverage from investingLive Crypto, checked against market data where available. It is a summary for information only and not investment advice.
Risk warning: This article is for information only and is not investment advice. Trading forex, CFDs, stocks and crypto carries a high risk of losing money. Prices move fast – check live quotes before you trade.
