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Ethereum Price Drops 2.7% as Sellers Remain Active

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ETH
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The Ethereum price fell by 2.7% on Tuesday, September 15, dropping to $2,446.

Despite briefly moving below the key support level of $2,434, buyers quickly bounced back, preventing a deeper fall.

The decline in ETH's price was part of a broader caution across the crypto market ahead of the US Senate vote on the CLARITY Act.

Ethereum still trades above its long-term moving averages, indicating that despite the recent decline, the bigger recovery from the June lows is still intact.

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