Ethereum Price Fluctuates as US Inflation Data Cools Fed Rate Hike Expectations
Ethereum (ETH) briefly climbed above $2,700 on September 30 following lower-than-expected US PCE inflation data, before settling at $2,679. The cooling inflation figures have reduced market expectations for further interest rate hikes by the Federal Reserve.
Summaries are written by AI from the original article. Not investment advice.