Ethereum — 2026-09-20
$2,580.13Down -2.21%24h
Change since the previous record
Down $60.36 (2.29%)
- Previous record
- $2,640.49 · 2026-09-19 12:50 UTC
View the previous record. Based on the two recorded prices; separate from the 24h change.
Market commentary
CoinMarketCap AI commentary (attributed, not independently verified)
Ethereum is down 1.83% to $2,576.80 in 24h, underperforming a slightly softer broader market primarily driven by a cooldown following a strong weekly rally and shifting ETF flows. It shows a strong correlation (45.2%) with the S&P 500, indicating a macro-driven move.
- Primary reason: Broader market pullback and ETF flow reversal, as Ethereum followed Bitcoin's dip and saw its spot ETF inflows turn to weekly outflows.
- Secondary reasons: Technical rejection near key resistance and sector rotation pressure, with the Altcoin Season Index falling 6.38%.
- Near-term market outlook: If ETH holds above the 50-week MA near $2,542, it could retest the $2,672 resistance; a break below risks a drop toward $2,450. Watch for the weekly close on September 20 and the Glamsterdam testnet fork on October 6.
Research details
- Confidence
- MEDIUM
- Status
- CHANGED
- Previous record source
- CoinMarketCap AI (page-embedded data, automated collector)
Evidence
CoinMarketCap price-analysis page data: US$2,580.13, -2.21% (24h). Analysis title: "Latest Ethereum (ETH) Price Analysis".
Verification notes
Price and 24h change were read directly from CoinMarketCap's own page data (not cross-checked against an independent feed). CMC AI's analysis text is attributed commentary, not independently verified fact; catalyst/causal claims within it require separate confirmation before being treated as fact.
Why it matters
Tracks Ethereum's latest price move and CoinMarketCap AI's own stated reasoning, without independent cross-verification against a second price feed.