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Forex

Ethereum Price Falls Below $2,600 Amid Market Volatility

Guavy AI Editorial Team
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Ethereum's price has fallen below $2,600 after a week of volatility.

The cryptocurrency had recovered from its midweek sell-off but was unable to sustain its move towards the $2,672 level.

Market analysts are now watching this area as an important level and ETH remains below it.

The latest decline comes after Ethereum's recovery earlier in the week, which followed a sharp sell-off due to the US Senate's failure to advance the CLARITY Act and subsequent rate hike by the Federal Reserve.

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