Ether (ETH) fell below the $2,500 mark, dropping close to 4% and extending its losing streak to a third consecutive day, according to a report published by FXStreet. The outlet linked the move to a broader macro backdrop, noting that the decline followed several days of rising oil prices and climbing US Treasury yields.
Exchange-traded fund flows were a central part of the picture described in the report. Citing data from SoSoValue, FXStreet said US spot Ethereum ETFs had not recorded a single day of net inflows that week, and had posted a net outflow of $160.7 million on Wednesday alone. That extended the run to seven consecutive days of net outflows worth roughly $565 million in total. Spot ETH ETFs give investors exposure to ether through a regulated brokerage product rather than direct token custody, and their daily creation and redemption figures are widely tracked as one proxy for institutional demand. A sustained outflow streak means redemptions have outpaced new share creation over that stretch.
On the technical side, the report described ether as trading beneath both its 20-day and 50-day exponential moving averages, placed at $2,631 and $2,502 respectively, while still holding above the 100-day EMA at $2,338. FXStreet identified the next support area around $2,355, where it said the 100-day EMA converges, and characterised the near-term tone as neutral-to-bearish. Moving averages and similar indicators are descriptive tools that summarise where price has traded relative to recent history; they do not determine what happens next, and crypto markets can move sharply in either direction regardless of chart structure.
Ether was not moving in isolation. In related coverage, FXStreet noted that bitcoin, ether and XRP were all under pressure on Friday, with the three assets down more than 5%, 9% and 8% respectively over the week. Bitcoin was quoted as trading below $82,000, ether had lost the $2,500 level, and XRP was retreating toward what the outlet called a key support zone. The synchronised weakness across majors is consistent with a market reacting to shared macro inputs rather than to any single token-specific development.
The macro channel most often cited in this episode is the Treasury market. When yields on government debt rise, the baseline return available from low-risk instruments increases, and market commentary frequently associates that environment with reduced appetite for longer-duration and higher-volatility assets, a category that includes digital assets and growth equities. Higher oil prices can feed into inflation expectations, which in turn can influence rate expectations and yields. These relationships are not mechanical, and correlations between crypto and traditional macro variables have shifted repeatedly over past cycles.
For readers tracking the situation, the concrete, checkable data points are the daily ETF flow prints from providers such as SoSoValue, the direction of Treasury yields, and spot price levels on major venues. Whether the seven-day outflow streak ends, continues, or reverses will only be known as subsequent daily flow data is published.
Nothing in this report should be read as a forecast or as investment, financial or tax advice. Past flows, price moves and technical levels do not guarantee any future outcome, and digital asset prices are volatile. Readers should consult the original FXStreet article for the full details and consider independent professional guidance before making any financial decision.
This is a news summary for general information only — not financial advice, and nothing here is a recommendation to buy, sell, or hold any asset. Always verify against the original source and do your own research before making a financial decision.
Source: FXStreet · 2026-10-11