Ether Drops Below $2,500 as Hawkish Fed Outlook Pressures Crypto Markets

Key Facts

1Ether price fell nearly 4%, extending its decline for a third consecutive day.

2Crypto markets were negatively impacted by expectations of tighter U.S. monetary policy.

Ether price fell nearly 4%, extending its decline for a third consecutive day and breaking below the $2,500 psychological level. TokenPost reported that crypto markets were negatively impacted by expectations of tighter U.S. monetary policy from the Federal Reserve, which reduced investor appetite for risk assets.

Spot Ether exchange-traded funds recorded net outflows over seven consecutive sessions totaling approximately $565 million, while exchange reserves of the token increased. According to market analysis, the next support level is identified near $2,355, as FOMC minutes from the September 15-16, 2026 meeting indicated that most participants view another rate increase as likely by year-end.