Why is Ethereum (ETH) price down today?
May 07 2024 - 8:09AM
Cointelegraph
![](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvNzY1MTY5ZjktYTBmMC00MTdlLTgwYTctZTQ2YzYyZDU4ZjI2LmpwZw==.jpg)
The decline in Ether's price can be attributed to the SEC's
ongoing standoff concerning Invesco's application for a spot
Ethereum ETF.
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