Why is Ethereum (ETH) price down today?
May 08 2024 - 3:50PM
Cointelegraph
![](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvNzY1MTY5ZjktYTBmMC00MTdlLTgwYTctZTQ2YzYyZDU4ZjI2LmpwZw==.jpg)
ETH price is down today as reduced chances for a spot ETH ETF
approval and the threat of sticky inflation in the U.S. play in to
Ethereum’s price decline.
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