Ethereum Slips Below Key Support Level
Ethereum (ETH) has fallen below $2,000, signaling continued weakness in the cryptocurrency market. This sharp decline has left investors questioning whether ETH can recover in the near term.
Economic Policies Drive Market Uncertainty
Investor sentiment has been rattled by the Trump administration’s fiscal policies, which prioritize deficit reduction and trade adjustments. While these policies could strengthen the economy in the long run, they are raising short-term recession fears. Meanwhile, the Federal Reserve remains cautious about adjusting interest rates.
ETH Risks Further Declines
With ETH losing key technical support, analysts warn that the next major level to watch is $1,500. If the market fails to stabilize, Ethereum could see further losses in the weeks ahead.
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