Ethereum Prices Pull Back Amid US-Iran Tensions
Ethereum's price has pulled back after briefly pushing above $2,500. The broader crypto market moved lower due to renewed U.S.-Iran tensions, triggering a risk-off move across markets.
The ETH price fell around 3.5% to roughly $2,403, trading between $2,389 and $2,488. Bitcoin dropped below $77K before recovering toward $78K, while Ethereum slipped back below $2,400. Other cryptocurrencies such as XRP, SOL, and DOGE also moved lower.
Nearly $400M in crypto positions were liquidated during this market downturn.