Ethereum dips below $2,400 as hot inflation fuels selling and long liquidations

Your call?🐂 Bullish🐻 Bearish

-5.3%

ETH 24h decline

$ETH

$2,373

-5.3%

Key takeaways Ethereum traded below $2,400, down 5.3% over 24 hours, after stronger-than-expected US inflation unsettled crypto markets. Higher Treasury yields, a stronger dollar and rising rate hike expectations added pressure to ETH. Key…