Ethereum's recent rally stalled near $4,800 as global markets lost steam, but Federal Reserve Chair Jerome Powell's hint of possible rate cuts next month keeps bulls hopeful.
The Dow slipped 0.8% after touching record highs, while the S&P 500 and Nasdaq also posted modest losses.
Crypto stocks like Coinbase and MicroStrategy fell in tandem with Bitcoin, which dropped back to $110,200 from $117,000.
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