ETHE is trading at $21.37 (-3.35%) as Brent crude’s rebound renewed inflation concerns and the 10-year Treasury yield pressured higher-risk assets and equity valuations.
- The yield approached 5%, adding to Wednesday’s risk-off tone across digital assets.
- Ethereum pulled back short term after failing to sustain momentum near the $2,750–$2,800 resistance zone.
- The Nasdaq fell 1.20%, reinforcing a broader global risk-off backdrop rather than pointing to a confirmed ETHE-specific event.