Ethereum holds above $2,600 as on-chain data signals buying demand

  • Ethereum held above $2,600 through the weekend amid an ongoing correction.
  • U.S. Treasury yields and profit-taking capped upside momentum.
  • Ethereum’s receiving addresses and transaction volumes increased during the period.

Ethereum held above $2,600 through the weekend as on-chain indicators pointed to persistent buying demand despite the ongoing correction. Rising U.S. Treasury yields and profit-taking capped upside momentum, while receiving addresses and transaction volumes increased.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.