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Ethereum Price Tumbles Amid US-Iran Tensions

Guavy AI Editorial Team
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BTC ETH XRP DOGE DOG
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The Ethereum (ETH) stock price took a hit on August 31st, falling 3.5% to around $2,403 after trading between $2,389 and $2,488.

This decline came as the broader crypto market moved lower due to renewed U.S.-Iran tensions triggering a risk-off move across markets.

Bitcoin (BTC) dropped below $77K before recovering toward $78K, while Ethereum slipped back below $2,400. Other cryptocurrencies such as XRP, SOL, and DOGE also fell.

The crypto market saw nearly $400M in positions liquidated, according to the source.

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