Ethereum faces renewed downside risk as Fed concerns weigh on market sentiment

Key takeaways Ethereum (ETH) has rebounded about 4% over the past week, but overall market sentiment remains weak. Hawkish signals from the Federal Reserve have reduced expectations for interest rate cuts and increased pressure on risk assets. Ethereum recovery faces macro headwinds Ethereum has posted a modest 4% recovery over the past seven days as […] The post Ethereum faces renewed downside risk as Fed concerns weigh on market sentiment appeared first on CoinJournal.