Ethereum falls 1.22% to $2,487.51 after resistance near $2,550
AI Summary
Ethereum fell below $2,500 after repeatedly facing resistance near $2,550.
Ethereum declined 1.22% to $2,487.51.
Stronger U.S. inflation data raised expectations of a September Federal Reserve rate hike.
Ethereum fell 1.22% to $2,487.51, slipping below the $2,500 threshold after repeated resistance near $2,550. The decline followed stronger U.S. inflation data, which increased expectations of a Federal Reserve rate hike in September.
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