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ETH
Ethereum (ETH)
2,450.42
-2.07% (-51.91)
Market read
Ether is falling alongside both Bitcoin and gold at once, showing this is a broad risk-off move rather than a crypto- or gold-specific issue. The trigger being watched is whether oil stays elevated, which would keep pressuring equities and other risk assets including Ether.
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Ether dropped 2.4% to lead a broad risk-off move alongside Bitcoin (-2%, $77,247) and gold (-2.4%, $4,330) as markets watched a Strait of Hormuz disruption keep oil elevated.
Ether is falling alongside both Bitcoin and gold at once, showing this is a broad risk-off move rather than a crypto- or gold-specific issue. The trigger being watched is whether oil stays elevated, which would keep pressuring equities and other risk assets including Ether.
FirstSquawk·09/02, 03:29 AM
Bitcoin fell 2% to $77,247, Ether dropped 2.4%, and gold declined 2.4% to $4,330 as investors watched whether sustained Strait of Hormuz disruption keeps oil elevated and pressures equities.
InvestingLive·09/06, 07:49 PM
Low impactIran's Parliament Speaker Ghalibaf warned that new attacks on Iran would meet a faster, heavier and more painful response, after U.S. forces struck three Iranian crude-oil tankers following Iranian ballistic-missile attacks on two U.S. Navy ships.
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