Ethereum Selling Pressure High, ETH Price Most Crisis Since 2021?

ETH price continues to decline. It is predicted that Ethereum’s decline is due to Trump’s assassination last week and the Fed’s interest rate announcement. Here is a more detailed analysis.

The current condition of Ethereum is considered worrying. The reason is, the ETH price continues to decline even though the prices of other crypto assets are “green”. The price of ETH is currently considered the lowest since 2021.

Let’s review together what the current condition of the Ethereum price chart is. Analysis of factors that influence the price of Ethereum will also be explained in this article.

Ethereum Decline Factors

Allegedly, the decline in ETH prices was due to the assassination attempt on former US president, Donald Trump, at the Trump International Golf Club in Florida.

This second assassination plot was recorded at the end of last week and affected the prices of BTC and ETH. Quoted from Decrypt, the price of ETH at that time immediately fell by around 4.2% to reach $2,315 on Monday in the European trading session.