Ethereum falls 1.22% to $2,487.51 after resistance near $2,550

  • 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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Ethereum falls 1.22% to $2,487.51 after resistance near $2,550 - CoinPost Terminal