ETHV is trading 3.1% down today amid a broader selloff in crypto and growth-oriented assets.
- Spot Ethereum has declined approximately 3%, mirroring losses in major equity benchmarks like the Nasdaq and S&P 500.
- The move reflects a shift toward risk-off sentiment fueled by hawkish Fed commentary and escalating geopolitical tensions between the U.S. and Iran.
- Continued pressure on tech and AI-related assets is further weighing on demand for risk-sensitive digital asset exposure.