The macro backdrop is still negative for Ethereum as Trump's Iran remarks fuel renewed risk aversion
Ethereum extended the selloff following Trump stated on Truth Social that the US does not need a deal with Iran, triggering another wave of risk-off flows across markets. The macro backdrop stays negative for Ethereum for now.
In this article
In today's Ethereum price news, Ethereum extended the selloff following Trump stated on Truth Social that the US does not need a deal with Iran, triggering another wave of risk-off flows across markets. The macro backdrop stays negative for Ethereum for now.
Key points
- We have a downward trendline defining the bearish momentum on the 4 hour chart.
- We can see that Ethereum extended the selloff and eventually hit the 1,900 level on the daily chart.
- The US dollar and Treasury yields leapt following his remarks on grew inflation worries and expectations of additional tightening moves.
Ethereum price: the details
The US dollar and Treasury yields leapt following his remarks on grew inflation worries and expectations of additional tightening moves. We can see that Ethereum extended the selloff and eventually hit the 1,900 level on the daily chart. We have a downward trendline defining the bearish momentum on the 4 hour chart.
Why Ethereum price matters for traders
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 (2026-11-13 10:10 UTC):
| Asset | Last price (USDT) | 24h change | 24h high | 24h low |
|---|---|---|---|---|
| Bitcoin (BTC) | 69,260.01 | -5.66% | 73,631.64 | 67,568.00 |
| Ethereum (ETH) | 1,948.99 | -4.63% | 2,053.28 | 1,895.95 |
On the currency side, the latest ECB daily reference rates (2026-11-12) show EUR/USD 1.1081, GBP/USD 1.3256, AUD/USD 0.6821, NZD/USD 0.5556, USD/JPY 159.7, USD/CHF 0.8331, USD/CAD 1.4249, USD/CNY 6.6683. These are reference fixes, not live quotes.
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.
Key scheduled releases on the economic calendar:
- USD Core PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.3%, previous 0.7%
- USD PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.4%, previous 1.3%
Follow every update in our Top 10 Forex News Today, read Higher real yields and firmer US dollar weigh on gold as Trump puts Iran agreement in jeopardy or see all of today's top market news.
FAQ
What is the latest Ethereum price news?
Ethereum extended the selloff following Trump stated on Truth Social that the US does not need a deal with Iran, triggering another wave of risk-off flows across 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, 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.
