Ethereum Slides Under $2,700 as Jobs Data Dampens Rate-Cut Hopes

Published at 2025-11-21 13:15:15

Ethereum slipped under $2,700 Friday following a US jobs report that reduced expectations for an imminent interest-rate cut, contributing to a sharp market-wide pullback. The broader crypto market registered about a 10% decline over the past 24 hours and roughly 15% for the week, putting renewed pressure on Ether and other large-cap tokens.

The move highlights crypto’s sensitivity to macroeconomic signals: firmer labor data tends to bolster yields and weigh on risk assets. Traders and investors will be watching upcoming Fed remarks and economic releases for direction; without clearer signs of policy easing, volatility could persist and recent support levels for ETH may be tested further.

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Miami-based Defiance ETFs announced Thursday it will close its Ethereum ETF after just four months on the market. The abrupt decision underscores mounting pressure in the competitive spot-ETH ETF landscape.

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Published at 2026-01-17 18:15:09

Fed to Inject $55B in T-Bill Purchases, Boosting Crypto Market Optimism

The Federal Reserve will buy $55 billion in Treasury bills as it resumes expanding its balance sheet, fueling hopes that added liquidity could support a crypto market rally. Traders and analysts say the move may ease financial conditions and lift risk assets, including Bitcoin and Ethereum.

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Published at 2026-01-17 17:15:05

Sei Targets Mid-2026 to Complete Transition to EVM-Only Chain

Sei Network has announced a mid-2026 target to finish its shift to a fully EVM-only chain, the first concrete timeline since its plan to exit the Cosmos ecosystem was approved. The move is aimed at widening developer access and DeFi integrations for SEI.

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Published at 2026-01-17 16:00:06

Senators Push Back on Tim Scott’s Broad Crypto Bill

Senate Banking Chairman Tim Scott's sweeping crypto bill faces sharp criticism from Senate Judiciary Chairman Chuck Grassley and ranking member Dick Durbin, who say the measure raises serious concerns. The bipartisan pushback could slow or reshape the proposed regulatory overhaul.

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Published at 2026-01-17 11:15:08

Ethereum Staking Tops $256B as 46% of ETH Is Locked

Validators have deposited 77.85M ETH—about 46% of the total supply—bringing the value locked to roughly $256 billion; the milestone boosts network security but raises liquidity and centralization concerns.