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Ethereum Price Holds Steady Ahead of FOMC Meeting

Guavy AI Editorial Team
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Ethereum's price has dropped about 1% to $1,894 as traders wait for the Federal Reserve's big announcement later today.

Despite this pause in trading, big money is still flowing into ETH. BlackRock clients sold off about $60 million worth of Bitcoin ETF shares but put more than $20 million into Ethereum instead.

Crypto analyst Michaël van de Poppe thinks Ethereum is the most undervalued thing in crypto right now. He believes that five years from now, people might look back at today's prices and wish they'd bought more.

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