ETH/USD News & Analysis Today

Ethereum Price Outlook: ETH Holds Near $3,000 as Fed Signals Shape Market Sentiment

Last week, the ETH/USD pair showed mixed price action. Initially, amid uncertainty over the Fed’s policy path for next year, quotes slipped to three-week lows around 2772.00 (61.8% Fibonacci retracement). However, by the end of the week—after November inflation data showed a year-on-year slowdown from 3.0% to 2.7% and increased expectations of a near-term shift toward looser monetary conditions—price stabilized near 3000.00, where it is trading now.