Ethereum
Ethereum Touches 2,600 Dollars Post-CPI While ETF Flows Remain Volatile
The asset saw a brief rebound following US inflation figures, though institutional spot ETF flows continue to fluctuate between net inflows and outflows.
Ethereum briefly crossed the $2,600 mark following the release of slightly higher-than-expected US core CPI data before pulling back toward $2,560. The move represented a cautious recovery after major altcoins experienced broad drops ahead of the inflation report.
Institutional participation through spot Ethereum ETFs remained unstable throughout the week. After recording net inflows of $34.7 million on Wednesday, the funds registered net outflows of $29.9 million the following day, showing an absence of steady directional conviction among asset managers.
The wider digital asset market continues to digest the CPI outcome, with Bitcoin remaining under pressure after the quick erasure of its early September golden cross. The general pause across crypto assets comes ahead of the Federal Reserve's policy decision scheduled for the 16th.
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