Neutral
Ethereum (ETH) price rebounds to $1,624.95 after June jobs report misses expectations.
In the past 24 hours, Ethereum's price has stabilized at $1,624.95, following a significant drop to multi-year lows near $1,547. The recent decline was primarily driven by a weaker-than-expected June jobs report, which led to reduced investor confidence and a risk-off sentiment in the broader market. Currently, there are no major developments or news specific to Ethereum.
Key points
- Ethereum's price stabilizes at $1,624.95 after recent decline.
- No significant news or developments affecting Ethereum in the past 24 hours.
Sources
- Ethereum Price Forecast (July 2): ETHUSD Rockets Toward $1,700 as Jobs Miss Sparks Relief — Key Test at the $1,708 20-Day EMA Into July FOMCTradingNews · July 2, 2026
- Ethereum Price Gets Crushed To $1,840 Amid Relentless Selling PressureTradingView News · July 2, 2026
- Ethereum Analyst Maps Drop Toward Demand Zone As ETH Tests SupplyMEXC News · June 23, 2026
AI-generated from public news sources. Not financial advice.
