Ethereum hangs at a thread to $ 4K, lowest level since August


Ethereum (ETH) follows the market -comprehensive correction and falls to its lowest price level since the beginning of August 2025. The supply hardly holds the price mark of $ 4000. According to Cooiestecko Statistics, ETH’s price has dropped by 4% over the past 24 hours13% over the past week, 9.3% in the 14-day diagrams and 9.7% compared to the previous month. Let’s discuss why Ethereum (ETH) is facing a price dip, and whether it will recover in the coming weeks.

Source: Coytecko

What is behind Ethereum’s price dip?

Bitmine Eth -Purchase
Source: bitcoin.com

Ethereum (ETH) climbed to a new highest time of $ 4,946.05 on August 24, after almost four years. Access has since dropped by 18.6%.

Ethereum’s (ETH) latest price correction may be due to uncertainties about the Federal Reserve’s policy, despite the fact that the central bank rolled out a 25 -point rate reduction earlier this month. Investors are likely to move their funds to gold and shares. Gold recently met a new highest time, and the stock market also follows a similar track.

Also read: Gold (GC = F) Price strikes $ 3,800 records: Is $ 4K in range?

Another factor may be unmathing of ETF inflows. ETFs have played an important role in Ethereum’s (ETH) increase to a new highest time in August. Slow ETF inflows may have led to a price dip.

Will the asset recover?

There is a very great chance that Ethereum (ETH) will recover in the coming weeks. The Federal Reserve is expected to launch another interest rate cut in October. Another interest rate reduction can increase investors’ feeling, leading to more inflows in the crypto space.

In addition, October has usually been a hooked month for the crypto market. How Ethereum (ETH) appears in the coming weeks is not yet to see.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *