Ethereum — 2026-09-28
$2,681.77Down -0.19%24h
Change since the previous record
Down $23.07 (0.85%)
- Previous record
- $2,704.84 · 2026-09-27 14:31 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 0.82% to $2,664.20 in 24h, closely tracking a broader market pullback led by Bitcoin's 1.8% decline. The move was primarily driven by a risk-off sentiment across crypto, amplified by a derivatives liquidation cascade.
- Primary reason: Broader market correction, as Ethereum moved in lockstep with Bitcoin amid heightened macro uncertainty and a flash liquidation event.
- Secondary reasons: Technical rejection from a key supply zone ($2,722–$2,822) and cooling momentum after last week's strong ETF inflows.
- Near-term market outlook: If ETH holds above the $2,635 swing low, it could retest $2,700; a break below risks a drop toward $2,500. The key trigger is Wednesday's U.S. PCE inflation data.
Research details
- Confidence
- MEDIUM
- Status
- CHANGED
- Previous record source
- CoinMarketCap AI (page-embedded data, automated collector)
Evidence
CoinMarketCap price-analysis page data: US$2,681.77, -0.19% (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.