# Why is Ethereum (ETH) price down today?

# Why is Ethereum (ETH) price down today?

” Why is Ethereum (ETH) price down today? “ Ether (ETH) price is down on Dec. 16 and the pre-FOMC rally to $1,350 was obliterated after Federal Reserve chair Jerome Powell issued hawkish statements following a 0.50% hike in interest rates. The Ether sell-off follows a market-wide decline that has sent Ethereum network fees plummeting…

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