Ethereum tests the $2,431 support as hot US inflation pressures crypto market

Key takeaways Ethereum fell 0.7% as annual US producer inflation accelerated to 5.4%. Polymarket traders assigned a 62% probability to a rate hike at the next Fed meeting. ETH is testing support at $2,431 and $2,405, with resistance near $2,545. Ethereum (ETH) traded 0.7% lower on Friday as it attempted to recover from selling pressure […] The post Ethereum tests the $2,431 support as hot US inflation pressures crypto market appeared first on CoinJournal.