CRYPTO:ETHUSD

Ethereum Cryptocurrency News

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$1,756.20
-33.48 (-1.87%)
At Close: Jun 04, 2026
A coordinated exploit drained approximately $11.5 million from the Verus-Ethereum bridge on May 18, with security firm Blockaid linking the attacker's wallet to Tornado Cash. Attacker Converts Loot to
Ethereum price analysis shows ETH losing short-term trend support while a bullish reversal pattern begins forming on another chart.
Ethereum is under unusual pressure, and Tom Lee points to a very concrete culprit: oil. For the co-founder of Fundstrat, the crude surge clouds risk appetite, strengthens inflation fears, and directly
Ethereum price continued moving lower on Monday as rising macroeconomic uncertainty, weakening institutional demand, and growing exchange inflows pressured the broader crypto market. According to data
ETH fell near $2,100 after Tom Lee linked selling to oil. crypto.news noted ETF outflows, whale deposits and higher exchange reserves today.
A cross-chain bridge exploit drained over $11 million just now, rattling sentiment at exactly the wrong moment. $ETH
Intesa Sanpaolo, Italy's premier banking institution, significantly expanded its cryptocurrency holdings during the opening quarter of 2026. The bank's digital asset exposure jumped from approximately

Why is Ethereum Down? Blame Oil Prices

03:45am, Monday, 18'th May 2026
Ethereum (ETH), the leading altcoin, has endured an intense sell-off over the past few weeks, and Tom Lee, Wall Street's famed permabull, knows the reason behind this underperformance.
Two security companies have flagged the address where the stolen funds are allegedly being held, showing the cryptocurrencies have been converted into 5,402 Ether.
The Verus Protocol Ethereum bridge has suffered an exploit that has allowed an attacker to siphon off more than $11.5 million in crypto assets through what security researchers described as a forged c
Heavyweight crypto investors have recently concentrated buying in major assets such as Bitcoin (BTC) and Ethereum (ETH), a pattern that underscores a defensive tilt amid heightened volatility. At the
The DeFi lending protocol reversed restrictions imposed after April's $292 million exploit, restoring borrowing capacity across six networks as contagion fears ease.
Fundstrat's Tom Lee pointed out an inverse correlation between crude and Ether as oil surged back to around $110 on Monday.
Ethereum price started a fresh decline and traded below $2,050. ETH is now consolidating below $2,150 and might struggle to recover.
As of May 18, 2026, Ethereum finds itself trading around $2,185, positioned at a crucial juncture on its daily price chart. Market participants are attempting to defend the lower boundary of an establ
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