Ethereum breaks below $1,600 as crypto mirror falling stocks

Ethereum breaks below $1,600 as crypto mirror falling stocks

Market Analysis
August 26, 2022 by secret
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[ad_1] Ethereum (ETH) price fell alongside other cryptocurrencies and equities following hawkish remarks by the US Federal Reserve Chairman Jerome Powell. By the close of stock markets Friday, Ethereum was down 9%, near $1,555 per token with bears looking to break towards $1,500. The dip happened after downside pressure late afternoon had seen the ETH/USD