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Ethereum Dips Below $1,850 Amid Macro Headwinds and Slowing Institutional Demand

Guavy AI Editorial Team
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Ethereum started the week under pressure as investors turned cautious amid fresh macroeconomic headwinds and slowing institutional demand.

The world's second-largest cryptocurrency slipped below $1,850 on August 3, weighed down by higher US Treasury yields, weaker spot ETF flows, and softer blockchain activity.

Ethereum is trading at $1,844.64 USD (around ₹1,75,357.90) on August 3, extending its recent pullback with a decline of roughly 1.1%-1.6% over the past 24 hours.

The cryptocurrency remains influenced by US monetary policy expectations and institutional fund flows, with Indian investors tracking global crypto sentiment closely.

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